STB

Commentary

‘Shockah’: UP Pursues Self Interest

“Shockah” as they might say in “Bahsten” about Union Pacific’s (UP) May 3 federal court filing asking that the Surface Transportation Board’s (STB) approval of a Canadian Pacific-Kansas City Southern marriage creating

Commentary

UP Challenging CPKC Merger—After the Fact

Roughly two months after the Surface Transportation Board approved, with certain conditions, the Canadian Pacific-Kansas City Southern merger to create transnational CPKC (Canadian Pacific Kansas City), Union Pacific on May 3 filed

STB Scales Back CSX Reporting Requirements

The Surface Transportation Board on May 2 extended its temporary service metrics and employment reporting period for the “Big 4” Class I’s—BNSF, CSX, Norfolk Southern and Union Pacific—to Dec. 31, 2023, but

AAR to STB: Railroad Cost of Capital 10.58% for 2022

The Association of American Railroads (AAR) on April 11 submitted to the Surface Transportation Board (STB) its calculations to determine the railroads’ cost of capital for 2022, which the Board will use to make the required annual individual railroad revenue adequacy determination for 2022.

Federal lawmakers and environmental groups are urging the DOT to reject the use of tax-exempt "private equity bonds" to fund the Uinta Basin Railway.

Lawmakers, Environmental Groups Urge DOT to Reject Use of Bonds to Fund Uinta Basin Railway

U.S. Sens. Michael Bennet and John Hickenlooper and U.S. Rep. Joe Neguse (D-Colo.), along with more than 150 environmental groups, some from as far away as New Jersey, have sent a letter to U.S. Transportation Secretary Pete Buttigieg urging the U.S. Department of Transportation (DOT) to reject the use of tax-exempt “private activity bonds” for the Uinta Basin Railway, stating that the project would “undermine President Biden’s priority of addressing the climate crisis, and harm communities through which these oil trains will travel and where this oil will be refined.”

STB Rejects CN’s Springfield Line Bid

CN’s request regarding conditional approval of the Canadian Pacific-Kansas City Southern merger on the sale of KCS’s Springfield Line to CN has been denied by the Surface Transportation Board (STB), which on March 23 provided notice that its Office of Environmental Analysis has terminated the review of the proposed divestiture.