news

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 the Powder River Basin are unreasonable. The ruling reversed a fall 2007 decision in which STB determined that the rates were reasonable. Western Fuels originally challenged the rate reasonableness in 2004 for a coal move BNSF has termed “unusual.”

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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 the Powder River Basin are unreasonable. The ruling reversed a fall 2007 decision in which STB determined that the rates were reasonable. Western Fuels originally challenged the rate reasonableness in 2004 for a coal move BNSF has termed “unusual.”

AARS scholarships for MSU Railway Management Program

Two American Association of Railroad Superintendents-sponsored scholarships are available for Class III railroad employees interested in attending the Michigan State University Certificate Course in Railway Management.

Calgary LRT notches one-billion rider mark

Calgary, Alberta’s C-Train light rail service, which opened in 1981, officially recorded its 1 billionth passenger Wednesday, as officials also noted the system now carries 280,000 riders per weekday.

Amtrak outlines “near-term” equipment needs

Amid a laundry list of capital equipment needs, Amtrak has identified roughly $1.42 billion in “near-term equipment needs” submitted as part of its fiscal year 2010 budget request to grow national intercity rail service.

CSX stretches timetable for Jacksonville intermodal plan

CSX Corp. will delay its construction of a new intermodal container transfer facility in its headquarters city of Jacksonville, Fla., by six months to a year. The planned terminal, originally set to open in 2011, will handle sea/rail container traffic with TraPac Container Terminal and Hanjin Shipping Co. Ltd.

Two short lines tap 10East PMMS system

10EastCorp. announced Wednesday that both the Indiana Harbor Belt Railroad and theBelt Railway Company of Chicago have chosen the company’s RailDOCSTM PreventiveMaintenance Management System (PMMS) in support of preventive maintenance andgovernment compliance logistics for their signal requirements.  This includes the Tests &Inspections System and the Configuration Management System.

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Two short lines tap 10East PMMS system

10EastCorp. announced Wednesday that both the Indiana Harbor Belt Railroad and the Belt Railway Company of Chicago have chosen the company’s RailDOCSTM Preventive Maintenance Management System (PMMS) in support of preventive maintenance and government compliance logistics for their signal requirements. This includes the Tests & Inspections System and the Configuration Management System.

FreightCar America expects downturn in 2009

FreightCar America President and CEO Chris Ragot says the company expects  ”a significant reduction in railcar deliveries” in 2009, but after a strong finish in 2008 is well-positioned  to ride out the downturn.

Support the APTF fundraising drive

The American Public Transportation Foundation, which provides scholarships for young professionals pursuing careers in public transportation, is in the midst of a fundraising drive. APTF’s goal is to raise $5,000 during the month of February.

How Norfolk Southern will spend $1.4 billion

Norfolk Southern’s 2009 capital spending program, totaling$1.412 billion, is the railroad’s second-largest in five years. It is exceeded by 2008’s $1.556 billion, but tops expenditures of $1.341 billion in 2007, $1.178 billion in 2006, and $1.025 billion in 2005.

Hedge fund gives up a seat on CSX board

Hedge funds TCI (The Children’s Investment Fund) and 3GCapital Partners won four seats on the CSX Corp. board of directors in a proxy fight last year. Now, TCI managing partner Christopher Hohn has decided not to seek re-election to the board this year and CSX has decided not to fill the vacancy, according to a filing with the Securities and Exchange Commission onFeb. 12.

Weekly freight traffic still trailing 2008 levels

Freight traffic on U.S. railroads during the week ended February 7 was off again in comparison with last year, although “up slightly” from the previous week ending Jan. 31, according to the Association of American Railroads. Total volume of 28.2 billion ton-miles was 15.1% lower than the comparable week in 2008.

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RA seeks Shortline/Regional award nominees

Railway Age is collecting entries for its annual ShortLine/Regional Railroad of the Year competition, but applicants still have time to enter. Short lines and regionals—and there are more than 500 of them—are invited to submit entries describing outstanding achievement in one or acombination of areas. The entry deadline is Friday, Feb. 27, 2009.