Martin J. (Marty) Oberman, 73, an attorney and perennial fixture in Chicago and Illinois Democratic politics, is President Trump’s choice to fill a vacant Democratic seat on the five-member Surface Transportation Board (STB). He must be confirmed by the Senate.
Watching Washington, May 2018: Railroads, as do all for-profit undertakings, earn their crust by selling at a price-multiple above production costs. Otherwise, they become revenue inadequate, meaning they lose investors, cease renewing assets, hollow out service and fail.
Were there any doubt that the Surface Transportation Board (STB) has been on siesta since the departure of former Chairman Dan Elliott in September, a House Rail Subcommittee oversight hearing April 17 confirmed the languor.
The U.S. House of Representatives this week passed a pair of rail data and information security bills.
Senior Senate legislative aide Patrick J. Fuchs and commuter railroad attorney Michelle A. Schultz, both Republicans, appeared April 11 before the Senate Commerce Committee as a first crucial step toward Senate confirmation to become members of the Surface Transportation Board (STB), which administers remnants of what until 1980 was almost a century of pervasive railroad economic regulation.
Kansas City Southern Railway Co. on March 30 responded to the Surface Transportation Board’s March 16 blanket letter requesting information on Class I railroad 2018 service outlooks.
Canadian Pacific on March 30 responded to the Surface Transportation Board’s March 16 blanket letter requesting information on Class I railroad 2018 service outlooks.
Norfolk Southern on April 2 responded to the Surface Transportation Board’s March 16 blanket letter requesting information on Class I railroad 2018 service outlooks.
Union Pacific has responded to the Surface Transportation Board’s March 16 blanket letter requesting information on Class I railroad 2018 service outlooks.
CSX has responded to the Surface Transportation Board’s March 16 blanket letter requesting information on the Class I railroad 2018 service outlook.
