STB Sets 2018-2022 ‘Deflator Factors’
The Surface Transportation Board (STB) has published the annual deflator factor and inflation-adjusted railroad revenue thresholds for 2022.
The Surface Transportation Board (STB) has published the annual deflator factor and inflation-adjusted railroad revenue thresholds for 2022.
The Surface Transportation Board (STB) on June 23 issued a preliminary injunction requiring BNSF this year to transport 4.2 million tons of coal from Navajo Transitional Energy Company, LLC’s (NTEC) Spring Creek Mine in Big Horn County, Mont., to the Westshore Terminals export facility in British Columbia, Canada. The mine is solely served by BNSF. STB is also requiring the Class I to transport an additional one million tons this year as trainsets and crews become available. Railway Age Capitol Hill Contributing Editor Frank N. Wilner weighs in.
“As we round out June and officially head into summer, I’m encouraged by the progress the team has made to provide a better customer experience for you,” Union Pacific (UP) Executive Vice President, Marketing and Sales Kenny Rocker told customers in a June 20 railroad status report. “The network continues to remain fluid as we build upon the service improvements that we’ve made over the past couple of months. Car velocity across the network has exceeded 200 miles per day for the ninth consecutive week, driving better on-time performance for you.”
Dover & Delaware River Railroad (DDRR) has filed a verified notice of exemption under 49 CFR 1150.41 to amend its existing lease with Norfolk Southern (NS) and existing trackage rights agreement with NS and New Jersey Transit that will allow continued operation over 107.9 miles of rail line in New Jersey.
The Surface Transportation Board (STB) has adopted for third-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.”
Surface Transportation Board Chairman Marty Oberman on June 16 responded to a May 31 Association of American Railroads (AAR) letter complaining that discussions at the RETAC (Rail Energy Transportation Advisory Committee (RETAC) Spring
We hosted a June 15 call with Marty Oberman, Chairman of the Surface Transportation Board, on Thursday. We see a reciprocal switching ruling well before year-end, and a bottleneck ruling potentially in 2024. Rail service continues to be at the forefront of the STB’s agenda. The CPKC merger has increased competition through new north-south lanes, though further Class I consolidation is increasingly unlikely.
Removing Surface Transportation Board (STB) Chair Martin J. Oberman or failing to reappoint him “would undermine the significant progress the Board has made during his tenure,” Transportation Trades Department (TTD), AFL-CIO President
A little more than a week after its April 26-27, 2022 “Urgent Issues in Freight Rail Service” hearing, the Surface Transportation Board issued updated, more-comprehensive rules for reporting performance and employment metrics.
The Surface Transportation Board (STB) on May 25 granted Grenada Railroad LLC’s (GRR) request for a partial waiver of a 60-day advance notice requirement, allowing the short line to enter into an asset purchase agreement and operate approximately 228 miles of rail line in Mississippi on or after May 28, 2023.