Regulatory

Berkshire Hathaway has divested a second short line, the White City Terminal Union Railway, ahead of a schedule set by the Surface Transportation Board earlier this year, as part of…
Railway suppliers are a resilient and optimistic bunch. They know that if times are tough, a better day will come. Over 1,300 railroaders and suppliers attended the September 2012 RSI/CMA…
Claude Mongeau, president and chief executive officer of Canadian National, says there is no evidence of systemic rail service problems warranting the Canadian government's introduction Tuesday of legislation that would expand…
The late British Prime Minister Harold Wilson observed, "A week is a long time in politics." And what a week it was on Capitol Hill.
Two New Jersey congressional representatives and one Pennsylvania colleague Thursday said they will seek to hold a hearing to determine the cause of a freight derailment last week in Paulsboro,…
The Association of American Railroads (AAR) said Monday it has petitioned the Surface Transportation Board (STB) to initiate a rulemaking that would propose re-introducing indirect competition— specifically product and geographic…
A newly released report from Morgan Stanley Research North America on the post-election rail regulatory landscape suggest that rail investors “have few new risks to fear from Washington.”
The Surface Transportation Board has announced a proposal to require disclosure of additional information concerning interchange commitments—known as "paper barriers"—underlying a lease or rail-line sale filed with the board.
The Surface Transportation Board announced Wednesday its determination that two of the five major U. S. freight railroads, Norfolk Southern and Union Pacific, were "revenue adequate" in 2011. This means that their…
Genesee & Wyoming Inc. Monday said it has completed its acquisition of RailAmerica, Inc., and also "entered into a new five-year Senior Secured Credit Facility comprised of a $1.875 billion…
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