Regulatory

I never thought I would find myself in the position of defending the Federal Railroad Administration, at least from anyone other than the Ayn Rand-Alan Greenspan-Phil Gramm-Rush Limbaugh types out…
The National Transporation Safety Board (NTSB) on Tuesday, Oct. 28, 2014, publicly identified several recurring safety issues plaguing Metro-North Railroad in past years, including inadequate and ineffective track inspection and…
After a train crash of criticism by Canada's Transportation Safety Board and the country's auditor-general, Transport Canada is softly moderating its three-wise-monkeys approach to railway regulation.
Florida's Canaveral Port Authority (CPA) has petitioned the Surface Transportation Board for permission to "construct and operate approximately 11 miles of new rail line to Port Canaveral (Port) in Brevard…
Unraveling the knot restricting rail network fluidity cannot be achieved through Surface Transportation Board (STB) intimidation of rail CEOs, or by the agency's issuance of an emergency service order instructing…
The Western Coal Traffic League (WCTL) has petitioned the Surface Transportation Board to "require BNSF Railway Company (BNSF) to submit to the Board a coal-specific service recovery plan, and for…
During third-quarter 2014 earnings presentations, two Class I CEOs with considerable experience in mega-mergers expressed opposing viewpoints on the merits of a final round of railroad mergers that would presumably…
National Railway Equipment Co., headquartered in Mount Vernon, Ill., has completed transfer of the company to the newly formed NRE–Global Holdings Inc. (NRE), an Employee Stock Ownership Trust (ESOP). As…
Breaking its relative silence, Canadian Pacific Railway announced Oct. 20, 2014 that it is no longer pursuing CSX as a merger partner. “Exploratory conversations held with CSX Corp. about a…
The Surface Transportation Board, in a decision dated Oct. 14, 2014 (Docket No. EP 724, “United States Rail Service Issues,” has asked Canadian Pacific Railway to “answer specific questions to…
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