STB
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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…
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Market Power, Cost Structure, Externalities and Moral Hazard
The railroad industry is in crisis. Many people outside and inside the industry are quick to blame its current state on Precision Scheduled Railroading (PSR) and Wall Street. However, several…
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STB Extends Public Comment Period for Proposed CP-KCS Merger Draft EIS
In response to a request from “affected communities,” the Surface Transportation Board’s (STB) Office of Environmental Analysis (OEA) issued on Sept. 6 a notice extending the deadline for public comments…
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STB: Five Class I’s Revenue Adequate for 2021
The Surface Transportation Board (STB) has found five U.S. Class I railroads to be revenue adequate for 2021: BNSF, CSX, Norfolk Southern, Soo Line (the U.S. affiliate of Canadian Pacific)…
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Is STB’s Primus in Rails’ Crosshairs?
The Senate Commerce Committee will hold a confirmation hearing Sept. 7 on President Biden’s nomination of Democrat Robert E. Primus to a second term on the Surface Transportation Board (STB).…
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Amtrak, CSX, NS, Port to STB: Extend Mediation
All parties in the Gulf Coast case are in agreement—on the extension of mediation. Amtrak on one side and CSX, Norfolk Southern (NS), and the Alabama State Port Authority and…
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STB Chided on Rail Revenue Constraint
When Congress partially deregulated railroad rates and practices in 1980 (Staggers Rail Act), it instructed regulators to consider revenue adequacy in determining the reasonableness of rail rates charged captive shippers—those…
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Report: STB Approval of Uinta Basin Railway Challenged
The Surface Transportation Board’s (STB) “inadequate” assessments of the Uinta Basin Railway project’s climate, public health and safety impacts undermine its approval of the project under the Interstate Commerce Commission…
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Sheng Named STB Director
Janie Sheng has been elevated to Director of the Surface Transportation Board’s (STB) Office of Public Assistance, Governmental Affairs and Compliance (OPAGAC), following service as Acting Director since August 2021.
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ACC to STB: ‘Rail Performance Has Yet To Improve Significantly’
“To date, steps by Class I railroads to boost hiring and other measures have not translated into meaningful service improvements,” the American Chemistry Council (ACC) told the Surface Transportation Board…
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Draft EIS Released for CP-KCS Merger Proposal
The Draft Environmental Impact Statement (EIS) analyzing Canadian Pacific Kansas City’s (CPKC) potential impacts on the environment was issued Aug. 5 by the Surface Transportation Board (STB); comments are due…
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First Look: Freight Rail Shipping Fair Market Act
Legislation to reauthorize the Surface Transportation Board (STB) and “create a fair marketplace” for railroads and shippers was introduced in the U.S. House of Representatives on Aug. 2. While the…
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Railroad Cost of Capital Set at 10.37% for 2021
The Surface Transportation Board (STB) has determined that the cost of capital for the railroad industry was 10.37% for 2021.
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STB Issues Final Rule on URCS Data Reporting
The Surface Transportation Board (STB) has adopted a final rule “to codify a longstanding voluntary practice” in which Class I railroads, through the Association of American Railroads (AAR), have annually…
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‘DDKN’ the ‘Textbook Definition of NIMBY’
A perhaps little-known bit of railroad trivia is that, according to a reliable industry source, Illinois Senator and Majority Whip Dick Durbin held the late E. Hunter Harrison in extreme…
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STB Sets Public Hearing on CPKC Merger
The Surface Transportation Board (STB) will hold a public hearing this September on the proposed merger of Canadian Pacific (CP) and Kansas City Southern (KSC), which seeks to create North…
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Draft Bill a ‘Rat Hole Worth Watching’ (Updated 2:45 p.m. July 15)
Editor’s Note: Fewer than six hours following Railway Age’s exclusive reporting on a controversial draft bill headed to a July 20 mark-up before the House Transportation & Infrastructure Committee, Chairperson Peter…
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Time Out: Preparing for Round 9
The battle over Amtrak’s proposal to run two daily round trips between Mobile and New Orleans is far from over. It is about to heat up again after a two-month…
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Amtrak to STB: Deny CN’s Responsive Application
Amtrak is calling on the Surface Transportation Board (STB) to deny CN’s conditions to the Canadian Pacific-Kansas City Southern merger because they do “not satisfy the Board’s ‘operationally feasible’ requirement”…
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Primus Renominated to STB (Updated July 8)
President Joe Biden has renominated Democrat Robert E. Primus to a second term of five years on the Surface Transportation Board (STB).















