Railroad Cost of Capital Set at 10.68% for 2024
The Surface Transportation Board (STB) has determined that the cost of capital for the railroad industry, which is calculated each year, was 10.68% for 2024.
The Surface Transportation Board (STB) has determined that the cost of capital for the railroad industry, which is calculated each year, was 10.68% for 2024.
Surface Transportation Board (STB) Chairman Patrick Fuchs on July 21 announced that the agency is holding a series of meetings “designed to discuss ideas and opportunities to update the STB’s regulatory framework to improve competition and reduce regulatory barriers.”
The Surface Transportation Board (STB) on March 14 reported that it will review Norfolk Southern’s (NS) proposal to acquire Norfolk & Portsmouth Belt Line Railroad Company (NPBL), a Virginia S&T (switching and terminal) railroad, as a “significant” transaction. NS in June provided the STB-required supplement to its acquisition application, and on July 7, the Board accepted the application as complete and set a procedural schedule.
The Surface Transportation Board (STB) on July 10 reported discontinuing proceedings in which it sought comment on proposed modifications to its procedures for annually determining whether Class I railroads are revenue adequate.
The Surface Transportation Board (STB) is seeking nominations to fill vacancies on its Railroad-Shipper Transportation Advisory Council (RSTAC) and its Rail Energy Transportation Advisory Committee (RETAC). The deadline for both is Aug. 8. Candidates may nominate themselves.
As the proverb provides, “Be careful for what you wish,” as wishes sometimes deliver unintended consequences. Railroads may have experienced a wishes backfire July 8 when the U.S. 7th Circuit Court of
The Surface Transportation Board (STB) on July 7 announced a decision confirming the Kansas City Southern Railway Company’s (KCSR, now part of Canadian Pacific Kansas City (CPKC) with Canadian Pacific Railway (CP))
FINANCIAL EDGE, RAILWAY AGE JULY 2025 ISSUE: At the 11th annual Rail Insights conference, participants from the Class I railroads and government and equipment sectors discussed the industry for the remainder of 2025 and beyond. Following are the key conference takeaways.
WATCHING WASHINGTON, RAILWAY AGE, JULY 2025 ISSUE: What is more delightfully amusing than a paradox—that we park on driveways and drive on parkways; that foul is fair when batted baseballs collide with a
The Surface Transportation Board (STB) on July 1 denied a petition for injunctive relief and application for an emergency service order by Metra, which is in dispute with Union Pacific over regional/commuter rail service on UP-owned lines in the Chicago area.