Regulatory

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…
The Surface Transportation Board has directed BNSF Railway's parent, Berkshire Hathaway, to "promptly remedy its noncompliance with railroad control requirements" stemming from its acquisition of BNSF in 2010.
The Surface Transportation Board announced Friday that it had determined the railroad industry's after-tax cost of capital for 2011 to be 11.57%, compared with 11.03% for the prior year.
The Surface Transportation Board Wednesday said it "accepts for consideration the application filed August 6, 2012, by Genesee and Wyoming Inc. (GWI) and RailAmerica, Inc. (RailAmerica), seeking Board approval for…
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