STB Closes UP Embargo Docket
The Surface Transportation Board on April 17 issued findings and closed its proceeding in Oversight Hearing Pertaining to Union Pacific Railroad Company’s Embargoes, Docket No. EP 772. STB noted that “UP’s effort to
Surface Transportation Board
Report: SCOTUS Passes on NS vs. STB Suit
The U.S. Supreme Court (SCOTUS) declined April 15 to hear Norfolk Southern’s challenge to a 2022 Surface Transportation Board ruling (Norfolk Southern Railway Co. v. Surface Transportation Board et al., case number 23-577, in
STB Crunches Three-Benchmark Rate Case Numbers
The Surface Transportation Board in Docket No. EP 689 (Sub No. 15) (download below) has published the 2019-2022 RSAM (Revenue Shortfall Allocation Methodology) and R/VC>180 (Revenue-to-Variable Cost Greater than 180%) ratios for
STB Denies Coalition to Stop CPKC Request
The Surface Transportation Board on April 5, 2024, by unanimous vote, denied the request of the Coalition to Stop CPKC to modify the reporting requirements imposed in STB’s approval of Canadian Pacific’s
Commentary
Not So Fast on Oberman’s STB Successor (Updated)
WATCHING WASHINGTON, RAILWAY AGE APRIL 2024 ISSUE: With the voluntary departure of Surface Transportation Board (STB) Chairperson Martin J. Oberman expected by May, President Biden is mulling five potential Democratic nominees for
STB Appoints Inaugural PRAC Members (UPDATED 4/2)
The Surface Transportation Board (STB) on March 28 named 21 voting members to the newly formed Passenger Rail Advisory Committee (PRAC).
STB Approves Construction of 11-Mile Utah Rail Line (UPDATED 4/3)
The Surface Transportation Board (STB) on April 1 signed off on Savage Tooele Railroad Company’s proposal to build and operate approximately 11 miles of rail line in Tooele County, Utah, subject to certain environmental mitigation conditions.
STB Briefs: IANR, BGNR
In separate rulings, the Surface Transportation Board denied Canadian Pacific Kansas City’s petition seeking reconsideration of the Board’s prior decision to classify CN’s acquisition of Iowa Northern a “minor transaction”; and extended
STB: Rail Cost Adjustment Factor Set for 2Q24
The Surface Transportation Board (STB) has adopted for second-quarter 2024 the rail cost adjustment factor (RCAF), defined as “an index formulated to represent changes in railroad costs incurred by the nation’s largest railroads over a specified period of time.”
Now Final: Cincinnati Rail Line Sale to NS (UPDATED)
Norfolk Southern’s (NS) proposed purchase of the approximately 337-mile, city of Cincinnati-owned Cincinnati Southern Railway (CSR) was approved by city voters on Nov. 7, 2023, and finalized March 15, 2024.