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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…
STB grants exemption for California HSR
The Surface Transportation Board granted an exemption for construction of 65 miles of California high speed railroad right-of-way between Merced and Fresno, Calif., on Thursday, June 13, 2013.
Amtrak’s vision must navigate the money trap
A mark, a yen, a buck, a pound, money makes the world go round. (Yes, lyrics from the musical, Cabaret.) But money is a scarce commodity, especially for Amtrak, which…
Preservation: Amber past, or future-prep?
This opinion piece should start off updating some of the ongoing debate between champions of rail rights-of-way restoration for rail use, and those wanting those rights-of-way for hiking or biking…
AAR fires at NITL over forced switching proposal
Like a U.S. Navy destroyer unleashing all of its weapons simultaneously, the Association of American Railroads has launched a strongly worded attack on the National Industrial Transportation League’s proposal to…
April employment gains over year, previous month
Figures released Tuesday, May 21, by the Surface Transportation Board show Class I railroads employed 163,775 people in mid-April, up 1.11% from April 2012, and up 716 people, or 0.44%,…
STB sets final rules to aid mediation, arbitration
The Surface Transportation Board announced Monday, May 13, that it has adopted final mediation and arbitration rules that establish a new arbitration program under which shippers and railroads may agree…
For whom does the STB bell toll?
With the Obama nomination of Anthony Foxx to become the next transportation secretary, chatter now focuses on the successor to Frank Mulvey at the three-member Surface Transportation Board (STB).
STB says no to UP TIH petition
The Surface Transportation Board announced May 1 that it has denied Union Pacific’s (UP) petition requesting that the Board find reasonable certain UP tariff provisions requiring shippers of Toxic-by-Inhalation Hazardous…
March employment gains over year, previous month
Figures released Monday by the Surface Transportation Board show Class I railroads employed 163,059 people in mid-March, up 0.66% from March 2012, and up 831 people, or 0.51% from last…
Thank you, Betsy Morris (and the WSJ, too)
The Wall Street Journal has done a brilliant job of, as our Senior Consulting Editor Luther Miller likes to say, “making the obvious less obscure.”
February employment up from year ago, and from January
Figures released Tuesday by the Surface Transportation Board show Class I railroads employed 162,228 people in mid-February, up 0.90% from February 2012, and up a modest 0.11% from last January.
AAR pans STB review of coal rail rates
The Association of American Railroads Wednesday took issue with a decision by the Surface Transportation Board, issued Tuesday, "not to factor into their review of coal rail rates product and…
Keep railroads FREE to keep the economy moving
Congress, collectively, has “forgotten” the dark days of rail regulation and its own move to address it. That’s a threat to rail’s long-term viability.
Shippers ask STB to deliver a free lunch
The National Industrial Transportation League (NITL) and the American Chemistry Council (ACC) want the Surface Transportation Board to annul market forces and require that at least two Class I railroads…
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