STB

Rail cost of capital rises to 11.57%

The Surface Transportation Board announced Friday that it had determined the railroad industry's after-tax cost of capital for 2011 to be 11.57%, compared with 11.03% for the prior year.

STB keeps rate-case fees low

The Surface Transportation Board's latest update of fees shippers must pay to file cases and pleadings, released Friday, contains some increases but leaves unchanged the current $350 fee charged shippers…

STB seeks to “protect captive shippers”

The Surface Transportation Board Wednesday announced "two initiatives to explore ways to further protect captive shippers from unreasonable rail rates." STB said it proposes to reform its rules on how…

June employment up for month and for year

U.S. Class I railroads employed 163,159 workers in mid-June, up 0.38% from May and 2.40% from June 2011.

Rail employment dips in May, but ahead of 2011

U.S. Class I railroads employed 161,191 workers in mid-May, down 0.42% from the previous month (161,876), but still ahead of March's 160,523 workers employed, according to data provided by the…

Maintenance workers pace April rail employment gains

Led by increases in rail maintenance of way and structures employees, U.S. Class I railroads employed 161,876 workers in mid-April, up 3.25% from April 2011 and also up 0.84 from…

STB OKs reopening Adirondack rail route

The Surface Transportation Board on May 14 approved a request by Iowa Pacific Holdings to reopen a rail route deep in Adirondack State Park, N.Y., dismissing protests from an environmental…

BNSF, UP ordered to pay rate reparations

The Surface Transportation Board has ordered BNSF and Union Pacific to pay reparations totaling $9,244,144 to Arizona Electric Power Cooperative for rate overcharges for the movement of utility coal.

Rail employment rises across-the-board

U.S. Class I railroads employed 160,523 workers in mid-March, up 3% from March 2011 and 0.81% from February 2012.

Oklahoma short line gets trackage rights

The Surface Transportation Board Wednesday announced approval of a trackage rights exemption sought be WFEC Railroad Co. "to grant limited nonexclusive overhead trackage rights to Kiamichi Railroad LLC (KRR), over…

STB seeks less formal litigation, more mediation

The Surface Transportation Board has initiated proposals to encourage more mediation and arbitration for the resolution of issues coming before the Board.

Reactivation of Arkansas short line sought

North Louisiana & Arkansas Railroad, Inc. (NLA) has petitioned the Surface Transportation Board for authority to lease and operate a 21.8-mile line of railroad extending from a point near Lake Village…

Rail employment barely down in mid-February

Class I rail employment numbers released by the Surface Transportation Board show Class I railroads employed 159,333 people in mid-February, up 3.93% from February 2011, and down just 105 positions,…

Employment up year-over-year, dips from past month

Class I railroads employed 159, 333 people in mid-January, up 3.93% from January 2011, but down 0.24% overall from last December, according to figures provided by the Surface Transportation Board.

Arizona utility wins rate case against UP, BNSF

The Surface Transportation Board announced Wednesday that it had awarded an estimated $63 million in reparations and rate reductions to the Arizona Electric Power Cooperative in a decision that grants…

Antitrust bill "terrific," says Obama nominee

Christine Barney, a former Federal Trade Commissioner who has been nominated by President Obama to be the chief antitrust enforcement officer at the Department of Justice, thinks legislation to take away the railroads' remaining antitrust exemptions is "terrific."

--> Christine Barney, a former Federal Trade Commissioner who has been nominated by President Obama to be the chief antitrust enforcement officer at the Department of Justice, thinks legislation to take…

STB to examine chlorine-move obligations

The Surface Transportation Board announced March 10 that it has instituted a proceeding responding to a Union Pacific request that the board "determine the extent of the common carrier obligation…

CN appeals STB mandate on EJ&E overpass costs

Canadian National has filed an appeal in U.S. federal court challenging a mandate issued by the Surface Transportation Board that it pay the majority of costs for two rail crossing upgrades on the Elgin, Joliet & Eastern Railway Co., which it acquired in January for $300 million.

--> Canadian National has filed an appeal in U.S. federal court challenging a mandate issued by the Surface Transportation Board that it pay the majority of costs for two rail crossing…

STB reversal on BNSF coal rate case: How serious?

The Surface Transportation Board has reversed a prior decision in longstanding litigation between BNSF Railway and Western Fuels/Laramie River, ruling that BNSF’s rates for a short-haul coal movement out of…

STB eyes freight rail fines for Amtrak delays

Freight railroads, particularly Class I railroads, deemed responsible for delays to Amtrak passenger trains using their tracks could befined under new authority granted to the Surface Transportation Board.

--> Freight railroads, particularly Class I railroads, deemed responsible for delays to Amtrak passenger trains using their tracks could befined under new authority granted to the Surface Transportation Board.

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