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
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 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
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
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.
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.”
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.
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.
OCT. 6, 2021 UPDATE: If Democrat Karen J. Hedlund is to become a member of the Surface Transportation Board (STB) and succeed Republican Ann D. Begeman, she is still waiting, even though the Senate returned from its August recess on Sept. 13. Utah Republican Mike Lee has once again blocked her confirmation. His probable cause is explained below.
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
