Regulatory

The California State Supreme Court, in an opinion issued Monday, Aug. 5, 2013, dismissed objections from "Neighbors for Smart Rail" objecting to Phase 2 construction of the Los Angeles Metro…
The Surface Transportation Board announced Friday, Aug. 2, 2013, that it has determined that the rail industry’s after-tax cost of capital was 11.11%. Last
 year, the cost of capital was…
As speculation rises over the future of the Montreal, Maine & Atlantic Railway (MM&A) following the July 6, 2013 derailment in Lac-Megantic, Quebec, officials in Maine are pondering options for…
Blame it on phases of the moon, a drop on the head as a baby, or a genetic disorder—but, whatever the cause, there seemingly is an increase in self-destructive and…
Quebec provincial police officials, investigating the fatal train incident in Lac-Mégantic, Que., July 6, arrived with a warrant at the Farnham, Que., offices of the Montreal, Maine & Atlantic Railway…
Transport Canada said late Tuesday, July 23, 2013 it would now ban one-person train crews, in response to the train derailment and explosion earlier this month in Lac-Mégantic, Quebec. The…
Two advocacy groups on Monday, June 24, 2013 filed a petition with the Surface Transportation Board to block New Jersey Transit Corp. and Princeton University from hacking away at NJT's…
Testifying Tuesday, June 18, 2013 before the House Energy and Commerce Committee, an Army Corps of Engineers official said the agency would not expand its environmental review of coal being…
Isabel Hamilton Benham, who died May 18, 2013, at the age of 103, was a formidable and influential presence in railroad affairs on Wall Street for much of the 20th Century. She…
The Surface Transportation Board granted an exemption for construction of 65 miles of California high speed railroad right-of-way between Merced and Fresno, Calif., on Thursday, June 13, 2013.
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