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Mule Sidetracks eyes Ohio R-O-W buy
Right-of-way used by Ohio short line Youngstown & Southern Railroad (Y&SR), currently owned by the Columbiana County Port Authority (CCPA), may soon be sold to Mule Sidetracks LLC, a noncarrier,…
STB: UP, NS revenue-adequate for 2012
The U.S. Surface Transportation Board on Oct. 17, 2013 released its findings on U.S. Class I railroad revenue adequacy for 2012, and found that only two carriers—Union Pacific and Norfolk…
STB nominee Miller: A fresh perspective
Any notion that Debra (Deb) Miller, President Obama's nominee to succeed Frank Mulvey at the Surface Transportation Board, is a gullible "Dorothy from Kansas" should be ditched chop-chop.
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.
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