Regulatory

aar-replies-to-stb-on-proposed-forced-access-regulation
The Association of American Railroads (AAR) on Jan. 13 responded to comments filed by a group of shippers to the Surface Transportation Board (STB) for a new forced access regulation. The AAR believes this new regulation "would force railroads to...
cowen-and-company-perspectives-from-mars
Optimism was the main thread that ran across the presentations we saw at the Midwest Association of Rail Shippers (MARS) meeting in Chicago Jan. 11-12. Most people felt better about the economy and, while many were positive about the new...
cowen-and-company-perspectives-from-ftrs-noel-perry
Noted trucking industry veteran and freight economist Noel Perry appears to hold a positive near-to-intermediate term view of freight markets, projecting truckload capacity to exceed full utilization in 2018, according to Cowen and Company Managing Director and Railway Age Wall...
aar-2017-outlook-focuses-on-tax-code-and-regulations
The Association of American Railroads (AAR) provided this 2017 outlook on Jan. 4: "Market shifts in the U.S. economy have led to challenges in the freight rail industry, especially as it relates to rail traffic. "Freight railroads, therefore, have outlined a series...
freight
If 2016’s wild, throw-predictions-out-the-window runaway freight train of a Presidential election taught us anything, it’s that nothing is ever a given. As the old saw goes, never assume, because it makes an a—well, you get it. Is a traffic recovery under...

2016-fra-civil-penalty-collection-rate-sets-record
The Federal Railroad Administration (FRA) announced Dec. 23 that its "enforcement of federal rail safety rules has led to the highest-ever civil penalty collection rate in the agency’s 50-year history, surpassing last year’s record-breaking rate." For Fiscal Year (FY) 2016, the...
second-avenue-subway-the-gray-lady-got-it-wrong
Said the New York Times in 1957: “The Second Avenue Subway, envisioned long ago and promised in 1951, probably will never be built.” It took nearly 60 years, but on Dec. 23, 2016, the Gray Lady was proven wrong. On that...
nears-ready-for-2017
The North East Association of Rail Shippers (NEARS) has set its slate officers for 2017, appointed a new Executive Director, and announced meeting dates. Donald Cameron, Manager-Business Development, Yusen Logistics (Americas) Inc., has been appointed President. Keith Kelsey, Regional Account Manager,...
stb-approves-gwi-acquisition-of-pw
The Surface Transportation Board on Dec. 15, 2016 granted Genesee & Wyoming Inc. authority to acquire control of Providence & Worcester Railroad Co. STB, in its decision (Docket FD_36064_0), said it will grant GWI’s petition for exemption, “subject to standard labor...
matt-elkott-inquiry-uptick-in-an-otherwise-sluggish-market
Cowen and Company recently hosted a roundtable conference call with four rail equipment experts. “An uptick in freight car inquiries has occurred for one builder but has not yet translated into increased orders,” notes analyst Matt Elkott. The panelists “sounded slightly...