STB

Levitation takes two forms among railroads—magnetic levitation relating to futuristic high-speed passenger transport, and stock levitation associated with bidding wars for asset control.
It’s official: Canadian Pacific on Nov. 17, 2015 sent an offer letter to Norfolk Southern proposing a merger (an acquisition, really) “that would create a transcontinental railroad with the scale…
Few obstacles bedevil railroads as has the Mississippi River. Spanning it was the nation’s first rail bridge in 1856—promptly assaulted by steamboat Effie Afton. While the bridge was repaired and…
Canadian Pacific Railway has held early-stage merger talks with Norfolk Southern and is raising financing for an acquisition, according to Nov. 9, 2015 news reports citing confidential sources at both…
The Surface Transportation Board (STB) announced Nov. 9, 2015 that its staff will hold informal meetings with stakeholders between Nov. 16, 2015 and Dec. 7, 2015, on proposed rules for…
Linda J. Morgan, 63, the former U.S. Surface Transportation Board Chair who led the agency during the railroad megamergers of the 1990s, died Wednesday, Nov. 4, 2015, after a long…
Long-time advocate for freight rail shippers Consumers United for Rail Equity (CURE) announced on Sept. 10, 2015 “a new name and a new advocacy approach.”
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%.
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…
Based on data from the Surface Transportation Board (STB) and Petroleum Supply Monthly, the U.S. Energy Information Administration has reported that rail and pipeline shipments of crude oil from the…
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