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 by Sept. 26, 2022.
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 Association of American Railroads (AAR) called it an “untenable bill that could further exacerbate current supply chain and service challenges,” the American Chemistry Council (ACC) welcomed the “sensible legislative package.”
The Surface Transportation Board (STB) has determined that the cost of capital for the railroad industry was 10.37% for 2021.
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 reported tare weight and loss and damage data for use in the STB’s Uniform Railroad Costing System (URCS).
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 contempt (that’s a polite way of saying “hated”), and the feeling was mutual.
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 America’s first transnational freight railroad, Canadian Pacific Kansas City (CPKC).
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 DeFazio (D-Ore.)
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 lull, but the STB announced on July 11 that the relative calm (at least as far as the public will notice) will last a little longer.
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” and “would harm the public interest by adversely affecting the provision of passenger rail service. …”
President Joe Biden has renominated Democrat Robert E. Primus to a second term of five years on the Surface Transportation Board (STB).