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AAR replies to STB on proposed access regulation
The Association of American Railroads (AAR) on Jan. 13 responded to comments filed by a group of shippers to the Surface Transportation Board (STB) for new mandated reciprocal switching ("forced…
Cowen and Company: "Notable earnings improvement in '17"
Optimism was the main thread that ran across the presentations we saw at the Midwest Association of Rail Shippers (MARS) meeting in Chicago Jan. 11-12. Most people felt better about…
Cowen and Company: Perspectives from FTR's Noel Perry
Noted trucking industry veteran and freight economist Noel Perry appears to hold a positive near-to-intermediate term view of freight markets, projecting truckload capacity to exceed full utilization in 2018, according…
AAR 2017 outlook focuses on tax code and regulations
The Association of American Railroads (AAR) provided this 2017 outlook on Jan. 4:
2017 Freight Rail Outlook
If 2016’s wild, throw-predictions-out-the-window runaway freight train of a Presidential election taught us anything, it’s that nothing is ever a given. As the old saw goes, never assume, because it…
2016 FRA civil penalty collection rate sets record
The Federal Railroad Administration (FRA) announced Dec. 23 that its "enforcement of federal rail safety rules has led to the highest-ever civil penalty collection rate in the agency’s 50-year history,…
Second Avenue Subway: The Gray Lady got it wrong
Said the New York Times in 1957: “The Second Avenue Subway, envisioned long ago and promised in 1951, probably will never be built.” It took nearly 60 years, but on…
NEARS ready for 2017
The North East Association of Rail Shippers (NEARS) has set its slate officers for 2017, appointed a new Executive Director, and announced meeting dates.
STB approves GWI acquisition of P&W
The Surface Transportation Board on Dec. 15, 2016 granted Genesee & Wyoming Inc. authority to acquire control of Providence & Worcester Railroad Co.
Matt Elkott: Inquiry uptick in an otherwise sluggish market
Cowen and Company recently hosted a roundtable conference call with four rail equipment experts. “An uptick in freight car inquiries has occurred for one builder but has not yet translated…
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