Gus A. Owen, a former Republican Member of the ICC and its successor STB, died last month at age 89.
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Former STB Member Owen Dies

Gus A. Owen, a Republican Member of the Interstate Commerce Commission (ICC) and its successor Surface Transportation Board (STB) from Oct. 4, 1994 to Dec. 31, 1998, died Dec. 17, 2022 at age 89.

STB Sets 4Q22 Rail Cost Adjustment Factor

The Surface Transportation Board (STB) has adopted for fourth-quarter 2022 the rail cost adjustment factor (RCAF), defined as “an index formulated to represent changes in railroad costs incurred by the nation’s largest railroads over a specified period of time.”


STB: Heed Seriously the Yak Fat Ghost

On 74 acres in central Virginia, there graze for commercial production some two-dozen Himalayan yaks—a largely fat-free, shaggy, handlebar-horned and oft cantankerous animal first imported to North America during the 19th century. If the connection of yak and its fat to transportation economic regulation is not obvious, blame your youth, as more than half a century has passed since the Great Yak Fat Caper of 1965 entered railroad lore—a dirty-trickster’s fraud now indelibly stained on the Interstate Commerce Commission’s (ICC) reputation, and, by association, its Surface Transportation Board (STB) successor.

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Remembering Warren Rudman—and a Greek tragedy at the ICC

Even The New York Times, the nation’s newspaper of record, missed, in its lengthy obituary, the absorbing connection between railroads and former Republican Sen. Warren Rudman of New Hampshire, who died Nov. 19 at age 82.