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STB adds to rail/shipper advisory council
From a flood of nominations, the Surface Transportation Board has selected seven new appointees to serve on the Railroad-Shipper Transportation Advisory Council. RSTAC, which consists of 15 senior officers from…
A muddy supplier crystal ball
If there is one thing I've learned in my 23 years in the railway supply industry, it's that we are an optimistic bunch. Deal us a series of hardships and…
2011 Outlook: Investing for growth
Strong earnings spur railroads to build capacity and productivity. If one word could define the thrust of railroad capital spending on improvements, it would be "growth"—growth in capacity, growth in…
With all due respect to Denzel Washington and Chris Pine, the railroad stocks may be the things that are unstoppable and not just the exaggerated Hollywood freight train story.
Can alchemists turn dross into gold?
Transportation in 2011 will be a casualty in the war between Republicans and Democrats. Transportation projects are expensive and Congress in the past has committed huge sums to highway construction…
Toronto weighs its options
Subway or surface rail? Core city growth or regional approach? Political posturing aside, Canada's largest city is counting on passenger rail for its future health and growth.
Arizona utility wins rate case against UP, BNSF
The Surface Transportation Board announced Wednesday that it had awarded an estimated $63 million in reparations and rate reductions to the Arizona Electric Power Cooperative in a decision that grants…
STB denies mediation in BNSF coal dust case
The Surface Transportation Board issued a decision Tuesday denying a petition of the Western Coal Traffic League (WCTL) asking the Board to institute mediation on a new coal dust tariff…
Investors focus on pricing power
The economic downturn brought a great deal of hardship to carriers across the supply chain. Many shippers took the opportunity to re-bid their trucking contracts out of cycle, placing even…
Lack of alternative is not a regulatory concept
Rail shipper and carrier executives convened in San Francisco recently for the annual North American Rail Shippers Association meeting. Despite the anti-rail rhetoric of a minority of rail customers—who were…
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