Regulatory

Let’s continue with my comments from Part 1 and Part 2 on the Oct. 28, 2014 National Transportation Safety Board press conference regarding NTSB’s determination of the causes of five…
I forced myself to review every miserable second of the Oct. 28, 2014 NTSB press conference regarding NTSB’s determination of the causes of five accidents on Metro-North Railway (MNR), for…
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…
At age 70, when most of his contemporaries have retired, Canadian Pacific (CP) Chairman Hunter Harrison is plotting his legacy—a seamless North American transcontinental rail duopoly initiated by his proposed…
"Tawdry," is how one Washington transportation attorney describes the self-interest assaults by powerful congressional lawmakers on federal regulatory agency officials.
Greenbrier on Oct. 10, 2014 reiterated its support for the Pipelines and Hazardous Materials Safety Administration’s (PHMSA) proposed Option 2 design for new tank cars in flammable service built after…
The U.S. Surface Transportation Board announced Wednesday, Oct. 8, 2014 that it is requiring all Class I railroads to publicly file weekly data reports regarding service performance “to promote industry-wide…
Are corrosion protection strategies for rail “all hat and no cattle?” (all talk, no substance?). James McDonald, Terry Aben P.E., and Douglas Mittlesteadt of Hempel USA examine this subject for…
TTX Co. said the Surface Transportation Board has approved a five-year extension of TTX's pooling authority governing all types of flatcars, including those that handle intermodal traffic, finished automobiles, and…
In comments sent to the U.S. Pipeline and Hazardous Materials Safety Administration (PHMSA) Dept. 30, 2014, the Railway Supply Institute Committee on Tank Cars (RSI-CTC) warned of “significant disruption to…
Shares of The Greenbrier Companies and Trinity Industries fell 10.2% and 7.7%, respectively, in afternoon trading on Wednesday, Oct. 1, 2014, one day after the deadline for final comments on…
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