NS Bid to Acquire CSR Still Faces Legislative Hurdle (UPDATED Sept. 21)

Norfolk Southern is looking to purchase the 338-mile Class II Cincinnati Southern Railway (CSR), which it and its predecessor railroads have been operating under a 141-year-old lease agreement with its owner, the

STB: Rail Cost Adjustment Factor Set for 4Q23

The Surface Transportation Board (STB) has adopted for fourth-quarter 2023 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.”

Commentary

Fixing Flawed RSTAC Metric Methods

I’m always on the lookout for efforts that would change the dataset we’re using, and one is now on the horizon. The STB has three associated Stakeholders Committees, and one of them,

‘Poor Service’ Drives STB’s Proposed Reciprocal Switching Rule (Updated, TD Cowen Commentary)

The Surface Transportation Board (STB) on Sept. 7 issued a Notice of Proposed Rulemaking (NPRM) that it said focused on “providing rail customers with access to reciprocal switching as a remedy for

STB: Five Class I’s Revenue Adequate for 2022

The Surface Transportation Board (STB) has found five U.S. Class I railroads to be revenue adequate for 2022: BNSF, CSX, Norfolk Southern, Soo Line (the U.S. affiliate of Canadian Pacific), and Union Pacific.

AAR Backs BNSF, Calls STB Common Carrier Obligation Decision ‘Disastrous’

The Association of American Railroads (AAR) supports BNSF’s appeal of the Surface Transportation Board’s (STB) recent preliminary injunction requiring the Class I to this year transport millions of tons of coal from Navajo

(Photograph Courtesy of CN)
Commentary

CN: Ready for Harvest

Every August, the National Grain Car Council brings together grain shippers, railway companies, and members of the U.S. Surface Transportation Board to discuss market dynamics and railroads’ readiness for the upcoming harvest. At this year’s meeting in Kansas City, CN advised the Council it expects to deliver another year of strong execution in 2023.

Berkshire & Eastern Readies for PAS Operations

Nearly 18 months after CSX acquired Pan Am Systems, Inc. and its short line subsidiaries, Berkshire & Eastern Railroad is set to take over as operator of Pan Am Southern LLC (PAS).

People News: STB, NS

The Surface Transportation Board (STB) appoints a labor representative to the Railroad-Shipper Transportation Advisory Council (RSTAC). Also, a Norfolk Southern (NS) employee has been chosen to Chair the Southern Economic Development Council.

NYSW to Acquire, Operate OCIDA’s 10-mile Jamesville Cluster

Cooperstown, N.Y.-based New York, Susquehanna & Western (NYSW) has filed a verified notice of exemption under 49 CFR 1150.41 to acquire and operate approximately 10 miles of rail line from the Onondaga

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