Interview with the experts at Chamber of Digital Commerce,  Initially Published by ConsenSys Media: Trends in Tokenization with the EEA and Chamber of Digital Commerce The Chamber of Digital Commerce, the world’s largest trade association representing the blockchain industry, alongside the Enterprise Ethereum Alliance (EEA), a collaborative cross-industry effort created to advance enterprise blockchain technology, recently announced [...]

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The previous installment in our series on labor law issues for the transit employer considering automation discussed the Federal Transit Act.  That Act, in part, requires advance notice of proposed changes that may result in the dismissal or displacement of employees, or rearrangement of the working forces covered by the agreement as a result of projects subject to the Act.  This final installment discusses notice requirements under other laws and agreements.

As part of our series on labor law issues for the transit employer considering automation, we turn now to the Federal Transit Act.  

In order to acquire, improve or operate a mass transit system, perhaps as part of an effort to automate, a transit authority may seek a construction grant or loan from the U.S. Department of Transportation's Federal Transit Authority (FTA) under the Federal Transit Act.  The Act requires, as a precondition to receiving a grant or loan, that an applicant enter into a “protective arrangement” with the U.S. Department of Labor (DOL) that provides for the preservation of certain employment rights and benefits of mass transit workers.