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AAR spurns NITL's mandatory switching proposal
A statement released Friday by the Association of American Railroads commented unfavorably on a proposal by the National Industrial Transportation League (NITL) for mandatory switching, which AAR asserted "would harm…
Shippers ask STB to deliver a free lunch
The National Industrial Transportation League (NITL) and the American Chemistry Council (ACC) want the Surface Transportation Board to annul market forces and require that at least two Class I railroads…
Eastern Region Rail Crossing Conference set
The New England Railroad Club and the Massachusetts Department of Transportation will hold the 2013 Eastern Region Highway-Rail Crossing Safety Conference and Expo at the DCU Center in Worcester, Mass.,…
FRA's Szabo: Safety gains keep on coming
Federal Railroad Administrator Joseph Szabo addressed the Railway Age/Parsons Transportation Group International Conference on Communications-Based Train Control on Feb. 5. He spoke about rail's growing role in moving people and…
Chemical companies keep up doubletalk
The American Chemistry Council (ACC) has battled with railroads over rates and service on and off ever since the Staggers Rail Act of 1980 was enacted.
House committee eyes rail safety, hazmat issues
Reauthorized rail safety legislation the implementation of two new laws on pipeline safety and hazardous materials safety are on the House Transportation and Infrastructure Committee's agenda in 2013, according to…
OSHA: BNSF signs employee practices accord
The U.S. Department of Labor's Occupational Safety and Health Administration (OSHA) on Tuesday said it has signed an accord with BNSF Railway Co., noting "BNSF's voluntary revision of several personnel…
Berkshire Hathaway completes short line sales
Berkshire Hathaway has divested a second short line, the White City Terminal Union Railway, ahead of a schedule set by the Surface Transportation Board earlier this year, as part of…
The supply side: We’re always dodging rain clouds
Railway suppliers are a resilient and optimistic bunch. They know that if times are tough, a better day will come. Over 1,300 railroaders and suppliers attended the September 2012 RSI/CMA…
CN blasts rail regulation legislation
Claude Mongeau, president and chief executive officer of Canadian National, says there is no evidence of systemic rail service problems warranting the Canadian government's introduction Tuesday of legislation that would expand…
DeMint departure resets reregulation game
The late British Prime Minister Harold Wilson observed, "A week is a long time in politics." And what a week it was on Capitol Hill.
House reps seek hearing on Conrail accident
Two New Jersey congressional representatives and one Pennsylvania colleague Thursday said they will seek to hold a hearing to determine the cause of a freight derailment last week in Paulsboro,…
AAR to STB: Consider nat gas competition for coal rate cases
The Association of American Railroads (AAR) said Monday it has petitioned the Surface Transportation Board (STB) to initiate a rulemaking that would propose re-introducing indirect competition— specifically product and geographic…
Morgan Stanley: “Few new risks" from D.C.
A newly released report from Morgan Stanley Research North America on the post-election rail regulatory landscape suggest that rail investors “have few new risks to fear from Washington.”
STB takes new look at "paper barriers"
The Surface Transportation Board has announced a proposal to require disclosure of additional information concerning interchange commitments—known as "paper barriers"—underlying a lease or rail-line sale filed with the board.
STB: NS and UP "revenue adequate" in 2011
The Surface Transportation Board announced Wednesday its determination that two of the five major U. S. freight railroads, Norfolk Southern and Union Pacific, were "revenue adequate" in 2011. This means that their…
GWI completes RailAmerica acquisition
Genesee & Wyoming Inc. Monday said it has completed its acquisition of RailAmerica, Inc., and also "entered into a new five-year Senior Secured Credit Facility comprised of a $1.875 billion…
STB to Berkshire Hathaway: Divest two railroads
The Surface Transportation Board has directed BNSF Railway's parent, Berkshire Hathaway, to "promptly remedy its noncompliance with railroad control requirements" stemming from its acquisition of BNSF in 2010.
Rail cost of capital rises to 11.57%
The Surface Transportation Board announced Friday that it had determined the railroad industry's after-tax cost of capital for 2011 to be 11.57%, compared with 11.03% for the prior year.
STB will weigh GWI/RailAmerica merger
The Surface Transportation Board Wednesday said it "accepts for consideration the application filed August 6, 2012, by Genesee and Wyoming Inc. (GWI) and RailAmerica, Inc. (RailAmerica), seeking Board approval for…
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