KCS to STB on ‘Managing Intermodal Operations Effectively’

Kansas City Southern President and CEO Pat Ottensmeyer on Aug. 3 responded to Surface Transportation Board Chairman Marty Oberman’s July 22 letter to Class I railroad CEOs requesting information on the extent of congestion

UP to STB: ‘Clearing Our Network Will Take Some Time’

Union Pacific Chairman, President and CEO Lance Fritz on Aug. 5 responded to Surface Transportation Board Chairman Marty Oberman’s July 22 letter to Class I railroad CEOs requesting information on the extent of congestion

CN to STB on ‘Policies that Promote Terminal Fluidity and Service Reliability’

CN President and CEO JJ Ruest on Aug. 9 responded to Surface Transportation Board Chairman Marty Oberman’s July 22 letter to Class I railroad CEOs requesting information on the extent of congestion at key

NS to STB on ‘Policies that Promote Terminal Fluidity and Service Reliability’

Norfolk Southern Chairman, President and CEO Jim Squires on Aug. 6 responded to Surface Transportation Board Chairman Marty Oberman’s July 22 letter to Class I railroad CEOs requesting information on the extent of congestion

STB: 2020 Railroad Cost of Capital Set at 7.89%

The Surface Transportation Board decided on Aug. 4, 2021 that the annual cost of capital for the railroad industry was 7.89% for 2020. This figure represents the Board’s Office of Economics estimate of the average rate of return needed to persuade investors to provide capital to the freight rail industry.

STB Will Consider Amtrak Gulf Coast Case

The Surface Transportation Board (STB) on Aug. 6 concluded that the matter of Amtrak providing Gulf Coast service over host freight railroads CSX and Norfolk Southern (NS) “is ripe for adjudication.”

STB Releases FEIS for Proposed Uinta Basin Railway

The Surface Transportation Board’s (STB) Office of Environmental Analysis (OEA) has issued a Final Environmental Impact Statement (EIS) for the proposed Uinta Basin Railway in Utah.

Commentary

Leasing Improvements May Be Unsustainable

FINANCIAL EDGE, RAILWAY AGE AUGUST 2021 ISSUE: Ah, the summer doldrums. While many were hoping for carefree days and a return to normalcy, sadly, the world continues to fret and struggle with the coronavirus and its Delta variant. However, in the shadows of this looming global crisis, the world of North American rail is all atwitter with political activity and other news-grabbing headlines.

CSX to STB on “an Efficient and Fluid” Intermodal Terminal Environment

CSX President and CEO Jim Foote on Aug. 2 responded to Surface Transportation Board Chairman Marty Oberman’s July 22 letter to Class I railroad CEOs requesting information on the extent of congestion at key

STB Issues Decision on CP’s Declaratory Order Petition

The Surface Transportation Board (STB) has granted in part Canadian Pacific’s (CP) petition for declaratory relief: It confirmed that CP may use “discovery” under STB regulations to seek relevant material from Kansas City Southern (KCS) to prepare its control application.

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