Surface Transportation Board

The Surface Transportation Board has ruled that claims filed against Norfolk Southern in certain Virginia state court lawsuits are preempted by federal law. STB, in “NORFOLK SOUTHERN RAILWAY COMPANY—PETITION FOR…
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…
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…
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.
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…
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…
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…
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). 
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…
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.”
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