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Oregon ramps up rail safety oversight
The Oregon Transportation Commission (OTC) on August 28, 2015 approved an updated set of rules for transporting hazardous materials by rail. Combined with Oregon Department of Transportation’s (ODOT) addition of…
Lindsey Collins joins NRC as grassroots VP
Lindsey Collins has joined the NRC (National Railroad Construction & Maintenance Association) as Vice President of Grassroots Advocacy. She comes to NRC from the Washington, D.C.-based multi-modal transportation policy think-tank…
STB sets 2014 rail cost of capital at 10.65%
The Surface Transportation Board has set the rail industry’s 2014 after-tax cost of capital at 10.65%, some 6% lower than the 2013 figure of 11.32%.
CP set for superior grain service
Canadian Pacific says it “is well positioned to provide best-in-class service to western Canadian grain shippers during the 2015-2016 crop-year.”
PTC: It’s the deadline, stupid
Syntax-challenged George W. Bush was bang-on correct in saying, “You got to keep repeating things over and over and over again for the truth to sink in.” So it is…
STB extends deadline on Tongue River Railroad Draft EIS
The Surface Transportation Board’s (STB) Office of Environmental Analysis (OEA) has issued a notice extending the deadline—for a second time—for filing comments on the Draft Environmental Impact Statement (EIS) for…
FRA issues rule preventing unattended trains carrying flammables from rolling away
The Federal Railroad Administration (FRA) issued on July 30, 2015 a final rule to prevent unattended trains that carry crude oil, ethanol, poisonous by inhalation (PIH), toxic by inhalation (TIH),…
Is Bakken CBR fading away?
Bakken crude oil hauled in unit trains may disappear by 2017, according to an analysis conducted by RBN Energy LLC.
Eliasson to STB: Railroads are healthy; let’s keep them that way
Railroads that are revenue adequate and earn their cost of capital should not be punished by capping their shipping rates, which would discourage the substantial and mostly private investment in…
AAR to STB: Rail revenue caps a terrible idea
Testifying at a July 22, 2015 Surface Transportation Board hearing on railroad revenue adequacy, the Association of American Railroads, executives from its member railroads and economic experts urged federal regulators…
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