STB

A tutorial for new STB members

Watching Washington, May 2018: Railroads, as do all for-profit undertakings, earn their crust by selling at a price-multiple above production costs. Otherwise, they become revenue inadequate, meaning they lose investors, cease renewing assets, hollow out service and fail.

Michael Capuano

House Dems grill somnolent STB

Were there any doubt that the Surface Transportation Board (STB) has been on siesta since the departure of former Chairman Dan Elliott in September, a House Rail Subcommittee oversight hearing April 17 confirmed the languor.

Rapid confirmation seen for STB nominees

Senior Senate legislative aide Patrick J. Fuchs and commuter railroad attorney Michelle A. Schultz, both Republicans, appeared April 11 before the Senate Commerce Committee as a first crucial step toward Senate confirmation to become members of the Surface Transportation Board (STB), which administers remnants of what until 1980 was almost a century of pervasive railroad economic regulation.