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Class I employment gains again in July
Figures released by the Surface Transportation Board show total Class I railroad employment as of mid-July 2014 rose 1.94% to 167, 138, from mid-July 2013, and also added 99 positions…
STB summons CP, BNSF to service hearing
The Surface Transportation Board late Monday, Aug. 18, 2014, announced it will hold a public field hearing on Sept. 4, 2014 "to provide interested persons and parties the opportunity to…
Harris County MTA eyes UP right-of-way
Metropolitan Transit Authority of Harris County, Tex, (Houston's METRO) has filed a motion with the Surface Transportation Board to formally acquire nearly 58 miles of right-of-way from Union Pacific Railroad…
STB backs CHSRA second segment
The Surface Transportation Board has ruled that the California High-Speed Rail Authority "is authorized to construct a 114-mile high-speed passenger rail line between Fresno and Bakersfield, Cal., subject to environmental…
STB sets 2013 railroad cost of capital at 11.32%
The Surface Transportation Board on July 31, 2014 issued its decision calculating the railroad industry’s after-tax cost of capital for 2013 as 11.32%, a slight increase over 2012’s 11.12%. The…
Class I employment rises in June
Figures released by the Surface Transportation Board show total Class I railroad employment as of mid-June 2014 rose 1.02%, to 166,139, from June 2013, and also gained modestly previous month,…
STB's newest: Status quo beware
Moving homogeneous electrons through wires, or freight in trucks over publicly financed highways, is hardly akin to moving cargo over privately owned and maintained railroads.
AAR to STB: Market forces aid grain shippers
In a 24-page submission to the Surface Transportation Board dated Thursday, June 26, 2014, the Association of American Railroads (AAR) responded to STB's request "seeking input on the Board's rate…
STB to Class I’s: File grain order plans
The Surface Transportation Board is requiring Canadian Pacific and BNSF “to publicly file their plans to timely resolve their backlogs of grain car orders, as well as weekly status reports…
STB names Deb Miller as vice chairman
Surface Transportation Board Chairman Daniel R. Elliott III on Tuesday, May 27, 2014, said that Board Member Deb Miller has been designated as the agency's vice chairman.
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