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Surface Transportation Board

Commentary

Can STB Motivate Rails to Improve Service?

WATCHING WASHINGTON, RAILWAY AGE MAY 2022 ISSUE: Have you tried pushing on a string? Therein lies a challenge facing the Surface Transportation Board (STB), which regulates rates and practices of…
Commentary

CSX CEO Lost Situational Awareness

Whatever was CSX CEO James M. Foote thinking when he testified before the STB’s “Urgent Issues in Freight Rail Service” hearing April 26? His display of disdain for the agency—in…

AAR: ‘Freight Railroads Remain Committed’

Following the Surface Transportation Board’s April 26-27 ““Urgent Issues in Freight Rail Service,” the Association of American Railroads has issued a statement saying that the Class I’s that testified “made…
Commentary

PSR is Floundering. Is There a Silver Bullet? What Are the Next Steps?

I have lived my life this way …The rain washed out the tracks …… ‘Can I find my way back again’?Yes. With a little help from my friends Here are…
Commentary

Redux: Beware the Operating Ratio Trap

Editor’s Note: Allegations that railroads place too great an emphasis on lowering the operating ratio dominated the Surface Transportation Board’s two-day hearing April 26-27, “Urgent Issues in Freight Rail Service.”…

From STB, Another NPRM

The Surface Transportation Board on April 29 issued a Notice of Proposed Rulemaking (NPRM), URCS Data Reporting (Docket No. EP 769), “to codify a longstanding voluntary practice of data reporting…

STB to CP-KCS: Resubmit Data From Proposed Merger Filings

The Surface Transportation Board (STB) is calling on merger partners Canadian Pacific (CP) and Kansas City Southern (KCS) to resubmit by May 27 traffic density data that will be used…
“I’m proud of the way CP’s team of professional railroaders managed the difficult operating environment they faced in the first quarter of 2022,” CP President and CEO Keith Creel said during an April 27 earnings announcement.

Creel: Following ‘Difficult’ 1Q22, CP ‘Building Momentum’ (UPDATED, Cowen)

Canadian Pacific’s (CP) first-quarter 2022 results—including revenues that fell 6% and a reported operating ratio that deteriorated by 1,070 basis points from first-quarter 2021—“reflected the impact of last year’s drought…
NS reported double-digit revenue and EPS growth in first-quarter 2022, noting that fuel and pricing gains “more than offset volume declines.”

NS 1Q22: ‘Solid, Despite Network Challenges’ (UPDATED, Cowen)

“I am confident that our efforts to improve our service through accelerated hiring and refinements to our operating plan will provide a platform for long-term growth and efficiency for both…
Commentary

‘It is Getting Worse. People are Leaving’

Editor’s Note: The Surface Transportation Board is conducting an in-person hearing April 26-27 (EP 770, Urgent Issues in Freight Rail Service) with the CEOs of the “Big Four” Class I railroads—BNSF,…

STB Eyes Emergency Service Rules Revision

The Surface Transportation Board (STB) is seeking comments by May 23 on a proposal to amend its emergency service regulations “to provide relief for shippers in situations that require immediate…
Commentary

‘Unvarnished Feedback from the Front Lines’

Editor’s Note: The Surface Transportation Board is conducting an in-person hearing April 26-27 (EP 770, Urgent Issues in Freight Rail Service) with the CEOs of the “Big Four” Class I railroads—BNSF,…

Round 6: The Port Raises a Statutory Issue

At this writing, Amtrak is preparing to present its case to the Surface Transportation Board (STB) disputing the amount of new infrastructure that potential host railroads CSX and Norfolk Southern…
Commentary

‘The Game Has Changed’

Editor’s Note: The Surface Transportation Board is conducting an in-person hearing April 26-27 (EP 770, Urgent Issues in Freight Rail Service) with the CEOs of the “Big Four” Class I…

Round 5: A Skirmish Over a Model

The “Second Battle of Mobile” is in full swing. Prospective host railroads CSX and Norfolk Southern, along with the Port of Mobile, are in a hearted dispute with Amtrak at…

STB Approves CSX-Pan Am Combination

All five Surface Transportation Board members on April 14 signed off on CSX’s proposal to acquire Pan Am Systems, Inc., and its short line railroad subsidiaries, effective May 14.

Sweetener Buyers Sour on Railroads

Joining organizations like the National Grain and Feed Association, the Sweetener Users Association (SUA) has a sent a letter to the Surface Transportation Board demanding that railroads take their lumps…

NGFA Takes Railroads to Task With STB (UPDATED April 13, 2022)

The National Grain and Feed Association (NGFA) on March 24 sent a letter to Surface Transportation Board Chairman Marty Oberman complaining, on behalf of its members, about what it calls…

Round 4: A Battle Within a Battle

The battle between Amtrak and potential host railroads CSX and NS, joined by the Port of Mobile, entered a new stage April 4, as the first witnesses began their appearances…
STB Chair Martin Oberman
Commentary

STB’s ‘Marty Party’ Targets Rail CEOs

Call it a “Marty Party” scheduled for April 26-27 at which CEOs of the four largest U.S.-headquartered railroads will be placed as frogs on a lily pad in a lake…
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