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Employment up year-over-year, slips from July
Figures released by the Surface Transportation Board show Class I railroads employed 163,420 people in mid-August, up 0.45% from August 2012, but down 536 people, or 0.33%, from the previous…
Train and engine crew employment climbs in July
Employment figures released by the Surface Transportation Board for July 2013 show that Class I railroads employed 163,956 people, up 1.20% from July 2012, though down 0.31%, from the previous…
STB adopts final PTC expenses and investments reporting rules
On Aug. 14, 2013, the Surface Transportation Board adopted final rules for the reporting of positive train control (PTC) expenses and investments for Class I railroads.
STB schedules hearing on mandatory competitive switching
The Surface Transportation Board has scheduled an Oct. 22, 2013 public hearing to explore issues surrounding the National Industrial Transportation League (NITL) petition to modify the Board’s standards for mandatory…
Rail cost of capital fell slightly in 2012
The Surface Transportation Board announced Friday, Aug. 2, 2013, that it has determined that the rail industry’s after-tax cost of capital was 11.11%. Last year, the cost of capital was…
June employment up over year ago, prior month
Figures released Monday, July 22, 2013, by the Surface Transportation Board show Class I railroads employed 164,499 people in mid-June, up 0.80% from June 2012, and up 220 people, or…
Amtrak’s Sisyphean struggle to run on time
Benito Mussolini infamously made Italian passenger trains run on time, but Fascism is hardly the answer for Amtrak.
STB urged to halt Princeton Dinky truncation
Two advocacy groups on Monday, June 24, 2013 filed a petition with the Surface Transportation Board to block New Jersey Transit Corp. and Princeton University from hacking away at NJT's…
May employment up over year, previous month
Figures released Monday, June 24, 2013, by the Surface Transportation Board show Class I railroads employed 164,249 people in mid-May, up 1.05% from May 2012, and up 474 people, or…
STB OKs service shuffle on Louisiana rail line
The Surface Transportation Board has granted permission to Union Pacific Railroad to cease service on 12.5 miles of the Lockport Branch, located in Lofourche Parish, La., which UP owns, while…
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