NEARS

Commentary

NEARS 2022 Conference: Day One Takeaways

At the NEARS (North East Association of Rail Shippers) Fall 2022 Conference, participants say they are still waiting to see consistency in rail service. Technical metrics are gradually improving, but in our view, fluidity will not show significant improvement until first-half 2023. On the first day of sessions (Sept. 21), many attendees expressed surprise that CSX reached outside the rail network for its new CEO. Also, Surface Transportation Board Chairman Martin Oberman foreshadowed a more proactive STB. Our key takeaways follow.

Cowen at NEARS: Key Takeaways

Cowen and Company Managing Director and Railway Age Wall Street Contributing Editor Jason Seidl attended and participated in the North East Association of Rail Shippers (NEARS) Fall 2021 Conference in Portland, Me.,

NEARS Fall Meeting Switched to Virtual Conference

Due to the ongoing concerns with COVID-19, the NEARS Fall 2020 Virtual Conference in Pittsburgh, Penn., has been switched to a Live Virtual Conference Format, scheduled for Sept. 21-25. The conference plans to have live panels, a Q&A, and many interactive features.

NEARS Cancels Spring Conference

The North East Association of Rail Shippers (NEARS) announced that its Spring Conference, scheduled for June 3-5 at the Newport Marriott, has been canceled due to COVID-19.

Observations From NEARS Fall Conference: Cowen

After attending the North East Association of Rail Shippers (NEARS) Fall Conference in Burlington, Vt., Cowen and Company Managing Director and Railway Age Wall Street Contributing Editor Jason Seidl “came away with the view that while economic growth is sluggish, most do not expect a full-blown recession. In addition, several railroad executives admitted that the rails need to do a better job marketing to and servicing their customers. It was clear that Class I’s, short lines, and shippers need to do a better job of working together if rail wants to take share from the trucking space in the future.”

NEARS Announces Award Winners, Conference Details

The North East Association of Rail Shippers (NEARS) announced that Michael Smith, President, Finger Lakes Railway Corporation, has been named its 2019 Transportation Person of the Year, and Erik Bohn and Gerald Racette will be inducted into the NEARS Hall of Fame.

Seidl named NEARS President at Fall Conference

The North East Association of Rail Shippers (NEARS) wrapped up its Fall 2017 Conference in Pittsburgh, Pa., “with record attendance and a plethora of outstanding speakers.,” according to Executive Director Scott McCalla. “This impressive lineup was highlighted by speakers from industry leading companies such as CN, Conrail, CSX, Koppers, Transplace, and US Steel.” And Cown and Company Managing Director and Railway Age Wall Street Contributing Editor Jason Seidl was elected President, succeeding Donald Cameron of Yusen Logistics (Americas), to serve the next two years.

NEARS Cowen surveys mostly favorable for rail

Two shipper surveys, one on railcars, the other on rail service, conducted by Cowen and Company at the Sept. 26-28 Northeast Association of Rail Shippers (NEARS) 2017 annual conference indicated mostly favorable results for the industry.