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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.
Train crews power mid-April employment gains
Figures released by the Surface Transportation Board show Class I railroad employment rose 0.31% in mid-April 2014, measured against a year earlier, and also advanced 0.81% from mid-March levels.
Deb Miller sworn in as STB member
The Surface Transportation Board said Monday, April 28, 2014, Deb Miller has been sworn in as the board's newest member. Miller's term runs through Dec. 31, 2017.
Class I employment registers modest monthly gain
Figures released by the Surface Transportation Board show total Class I railroad employment as of mid-March 2014 rose 0.40%, to 162,968, from the same period in February 2014, and registered…
AAR responds to service questions raised at STB hearing
Following an April 10, 2014 Surface Transportation Board hearing on railroad service issues, the Association of American Railroads issued a statement in response to questions that have been raised.
STB seeks input on rail revenue adequacy
The Surface Transportation Board announced Wednesday, April 2, 2014 that it is seeking written comments from the public in advance of a future public hearing "to explore both the Board's…
Shipper hypocrisy mocks regulatory history
A recurring and intractable thread tying together railroad history is that when the choice has been between economic liberty and government intrusion, selecting the latter has repetitively discouraged capital investment,…
Employment gains over year, previous month
Compiled figures released by the Surface Transportation Board show Class I railroads employed 162,316 people in mid-February, up 0.05% from February 2013, and also up 0.02, or 30 employees, from…
House T&I to STB: Look before you leap
On March 25-26, 2014, the Surface Transportation Board (STB) will hold a public hearing on a petition by the National Industrial Transportation League (NITL) to modify STB’s standards for mandatory…
Train and engine crews push January employment up
Compiled figures released Tuesday, Feb. 25, 2014 by the Surface Transportation Board show Class I railroads employed 162,286 people in mid-January, up a modest 0.15% from January 2013, but down…
STB sets hearing on competitive switching rules
The Surface Transportation Board announced Monday, Feb. 3, 2014 that it will hold a public hearing on March 25-26, 2014 "in Petition for Rulemaking to Adopt Revised Competitive Switching Rules,…
December employment rises from a year ago
Compiled figures released this week by the Surface Transportation Board show Class I railroads employed 162,810 people in mid-December, up a scant 0.10% from December 2012, but down 0.24% from…
2014: Railroads face problematic Washington landscape
Take it from an iron horse’s mouth that if it ain’t one damn thing, it’s another, and 2014 will present for railroads a repast of challenges on Capitol Hill, before…
Fresno group files CHSRA support statement
A "support statement" filed with the Surface Transportation Board by Fresno Works, dated Dec. 20, 2013, urges STB to "expeditiously grant the petition for exemption" for construction of high speed…
STB solicits comment on grain rates
The Surface Transportation Board announced Thursday, Dec. 12, 2013 it "invites public comment on how to ensure the Board's rate complaint procedures are accessible to grain shippers and provide effective…
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