‘Poor Service’ Drives STB’s Proposed Reciprocal Switching Rule (Updated, TD Cowen Commentary)

The Surface Transportation Board (STB) on Sept. 7 issued a Notice of Proposed Rulemaking (NPRM) that it said focused on “providing rail customers with access to reciprocal switching as a remedy for

STB: Five Class I’s Revenue Adequate for 2022

The Surface Transportation Board (STB) has found five U.S. Class I railroads to be revenue adequate for 2022: BNSF, CSX, Norfolk Southern, Soo Line (the U.S. affiliate of Canadian Pacific), and Union Pacific.

AAR Backs BNSF, Calls STB Common Carrier Obligation Decision ‘Disastrous’

The Association of American Railroads (AAR) supports BNSF’s appeal of the Surface Transportation Board’s (STB) recent preliminary injunction requiring the Class I to this year transport millions of tons of coal from Navajo

Berkshire & Eastern Readies for PAS Operations

Nearly 18 months after CSX acquired Pan Am Systems, Inc. and its short line subsidiaries, Berkshire & Eastern Railroad is set to take over as operator of Pan Am Southern LLC (PAS).

People News: STB, NS

The Surface Transportation Board (STB) appoints a labor representative to the Railroad-Shipper Transportation Advisory Council (RSTAC). Also, a Norfolk Southern (NS) employee has been chosen to Chair the Southern Economic Development Council.

NYSW to Acquire, Operate OCIDA’s 10-mile Jamesville Cluster

Cooperstown, N.Y.-based New York, Susquehanna & Western (NYSW) has filed a verified notice of exemption under 49 CFR 1150.41 to acquire and operate approximately 10 miles of rail line from the Onondaga

“Tropical Storm Hilary left behind quite a mess in southern California,” Union Pacific reported Aug. 21 via social media platform X, formerly known as Twitter. “Thank you to all of our crews restoring the rail lines so that we can resume serving our customers! Our thoughts are with all of our customers and communities impacted by this storm.” (Photographs Courtesy of UP, via X)

STB Monitoring Rail Service Impacts of Tropical Storm Hilary

The Surface Transportation Board (STB) on Aug. 21 announced that it is “actively” monitoring any rail service disruptions caused by Tropical Storm Hilary, following reports of freight and passenger rail service interruptions

In August 2021, the STB Office of Environmental Analysis issued a Final EIS for the project, identifying the 88-mile Whitmore Park Alternative as the environmentally preferred route for the Uinta Basin Railway, one of three analyzed. It would extend from two terminus points in northeastern Utah’s Uinta Basin near Myton and Leland Bench to a connection with the existing Union Pacific Provo Subdivision near Kyune (see map above).

Court Halts Uinta Basin Railway Project

The Surface Transportation Board’s (STB) December 2021 approval of the construction and operation of the Uinta Basin Railway was struck down by the U.S. Court of Appeals for the District of Columbia

STB: Six Vacancies on RETAC

The Surface Transportation Board (STB) is seeking nominations for candidates to fill six vacancies on its Rail Energy Transportation Advisory Committee (RETAC).

Railroad Cost of Capital Set at 10.58% for 2022

The Surface Transportation Board (STB) has determined that the cost of capital for the railroad industry was 10.58% for 2022.

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