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Fishman joins Nossaman Infrastructure Practice Group
Edward Fishman, an experienced attorney who specializes in infrastructure projects, principally in the transportation and logistics sector, has joined the Infrastructure Practice Group of Nossaman LLP as a Partner.
CP: Ackman cashes out
Pershing Square Capital Management L.P. principal Bill Ackman has sold all his shares in Canadian Pacific, walking away with a cool $1.5 billion.
STB determines rail industry's cost of capital for 2015
The Surface Transportation Board announced on August 5th that it has issued its decision determining the railroad industry's cost of capital for 2015.
STB members to testify August 11 on first STB Reauthorization Act
The Surface Transportation Board announced on August 4th that, at the invitation of the Senate Committee on Commerce, Science, and Transportation, the three Board Members will testify on the topic…
Chugging forward: FRA releases NEC Comment Summary Report
In 2012, the Federal Railroad Administration (FRA) launched NEC Future, to focus on upgrade possibilities of the critical Northeast Corridor (NEC). On July 28, as the process chugs along, FRA…
FRA finalizes new safety rule for passenger rail
The U.S. Department of Transportation’s (DOT) Federal Railroad Administration (FRA) issued a new, final rule on July 29 that requires passenger railroads to proactively identify potential safety hazards across their…
Canada announces faster timeline for phasing out DOT-111 tank cars
Marc Garneau, Minister of Transport, announced on July 26 Protective Direction 38, which accelerates the phasing out of DOT-111 tank cars for crude oil service to November 1, 2016.
STB issues decisions in two passenger rail proceedings
The Surface Transportation Board (STB) released two decisions on July 28 related to its oversight of Amtrak’s operations under the Passenger Rail Investment and Improvement Act of 2008 (PRIIA).
STB proposes regulations for its implementation of "FAST Act" provisions
The Surface Transportation Board (STB) on July 28, 2016 proposed regulations to implement passenger rail-related dispute resolution provisions of Title XI of the Fixing America’s Surface Transportation (FAST) Act of…
STB proposes “forced access” regulations
The Surface Transportation Board On July 27, 2016 proposed new regulations “to improve the availability of reciprocal switching,” an action the railroads have been anticipating for more than a year.…
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