Surface Transportation Board

URCS: Love It or Hate it, We’re Stuck With It

For a sleep inducer, consider working with the Uniform Rail Costing System (URCS), long a general costing system indispensable for determining maximum reasonable rail rates. Worse, its second side-effect is indigestion, as this 30-year-old accounting relic is much like a classic car lacking modern GPS and satellite radio. Practitioners too often become frustrated with its built-in averages from a time when railroads, rather than shippers, owned most of the freight car fleet and line hauls were shorter as the modern merger movement had not yet run its course.

Shipper Frustration Turns Contemptuous

WATCHING WASHINGTON, MAY 2019 – Oh, the contempt that drippeth from a judicial petition of the Western Coal Traffic League (WCTL), whose members ship and receive by rail some 175 million tons of coal annually. It accuses the Surface Transportation Board (STB) of impersonating a regulatory agency by not acting on long-pending rulemakings, and asks a federal court to order the STB to do as its statute instructs—timely decide cases brought before it.

Are STB’s Newbies Change Agents?

WATCHING WASHINGTON, APRIL 2019 – Stanley found Livingstone faster than vacancies on the five-member Surface Transportation Board (STB) have been filled, with two remaining more than three years after Congress increased from three the number of Senate-confirmed seats.