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STB sets 2013 railroad cost of capital at 11.32%
The Surface Transportation Board on July 31, 2014 issued its decision calculating the railroad industry’s after-tax cost of capital for 2013 as 11.32%, a slight increase over 2012’s 11.12%. The…
Rail freight traffic continues to grow
The Association of American Railroads reported continued growth in U.S. rail traffic for the week ending July 26, 2014, with 306,988 total carloads, up 4.3% compared with the same week…
What history can tell us about things to come
In February 1882, Joseph Osgood allowed shortsightedness to steer him wrong. As newly-appointed chief engineer for the California Southern Railroad (which would later become part of the Santa Fe Railway),…
KCSR reorganizes operating department
Kansas City Southern has made organizational changes within the operations department of its U.S. subsidiary, The Kansas City Southern Railway Company (KCSR).
CN, CP: Bring on the harvest
Canada’s 2014-2015 grain harvest will soon be under way, and both CN and Canadian Pacific say they are well-prepared to accommodate the new harvest with a steady throughput rate in…
When you get a good deal, take it
Arbitrator Robert O. Harris told the United Transportation Union (UTU) and railroads in 1991, then unable to agree at the bargaining table, “Welcome to the oldest established craps game in…
EPA railcar overview: Short-term deliveries rising, with a “formidable” backlog
Economic Planning Associates has once again raised its estimate for 2104-2015 freight car deliveries, based on “a strong first-half 2014” and “a formidable backlog” approaching 100,000 units.
Analysts, legal and financial experts weigh in on DOT’s HHFT NPRM
The Notice of Proposed Rulemaking issued by the U.S. DOT for HHFTs (High-Hazard Flammable Trains) hauling crude oil and other commodities the DOT deems hazardous in tank cars has produced…
Thompson to SMART reps: “You have hit a grand slam”
In a July 20, 2014 letter to SMART-Transportation Division International Representative John W. Babler and General Chairperson Randall S. Knutson, former United Transportation Union International President Paul C. Thompson expresses…
Class I employment rises in June
Figures released by the Surface Transportation Board show total Class I railroad employment as of mid-June 2014 rose 1.02%, to 166,139, from June 2013, and also gained modestly previous month,…
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