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Surface Transportation Board Seeks Input On First And Last Mile
Friday, September 3, 2021 - 10:32am | 640The Surface Transportation Board is seeking comments from shippers, carriers, and others on first-mile/last-mile (FMLM) service, which occurs when railcars are moved between a local railroad serving yard and a shipper or receiver facility. The federal agency wants to know whether it should examine...
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Headcount Levels Fall Nearly 12% In March At U.S. Class I Operations
Tuesday, April 21, 2020 - 1:34pm | 467The number of employees working for the U.S. operations of the Class I railroads dropped 11.9% in March to 127,867 employees, according to data from the Surface Transportation Board (STB). The percentage change compares March 2020 with March 2019. All employee categories experienced year-over-...
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Federal Railroad Administration Proposes On-Time Performance Metrics For Amtrak
Monday, March 23, 2020 - 6:29pm | 543The Federal Railroad Administration (FRA) is proposing service metrics that would measure the on-time performance of Amtrak's intercity passenger rail operations. The application of these metrics pertains to the Class I railroads because Amtrak and the Class I railroads share track on certain...
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Surface Transportation Board Issues Final Rule On Demurrage
Monday, March 2, 2020 - 10:54am | 425The Surface Transportation Board (STB) is adopting a final rule that will clarify how it will regulate demurrage, which is the fee that the freight railroads assess when railcars are detained beyond a specified time to be loaded and unloaded. The Board says the final rule amends the regulations...
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Surface Transportation Board Gets An Earful
Wednesday, November 13, 2019 - 4:27pm | 1399The freight railroads and their customers are gearing up for what will likely be some intense discussion over how and whether the Surface Transportation Board (STB) will modify rules related to rail rate reasonableness and rail fees associated with demurrage and accessorial charges. Dozens of...
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Surface Transportation Board Issues Two Proposed Rule-makings
Wednesday, October 2, 2019 - 6:16pm | 871The Surface Transportation Board (STB) has been busy lately. The Board issued two proposed rulemakings on September 30, while an August decision regarding fuel surcharges has led a coalition of shippers' interests to ask the Board to reconsider its decision. Railroads' Cost of Capital On...
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Positions Filled At Top Rail Regulatory Agency
Thursday, January 3, 2019 - 3:45pm | 666The U.S. Senate confirmed two commissioners yesterday to sit on the Surface Transportation Board (STB), the federal agency that oversees rates and service within the railroad industry. It is a move that both carriers and their customers believe is necessary for action on pending regulatory...
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Canadian Pacific Seeing 'Overwhelming Support' From Shippers For Its Proposed Acquisition Of Norfolk Southern
Thursday, February 25, 2016 - 3:04pm | 221Canadian Pacific Railway Limited (NYSE: CP) said on Thursday that it has received "overwhelming support" from its customers for its proposal to acquire Norfolk Southern Corp. (NYSE: NSC). Related Link: UBS: Canadian Pacific-Norfolk Southern Combo Still Possible Canadian Pacific...