The Surface Transportation Board (STB) in first-quarter 2022 will hold public hearings on three “significant” pending matters: CSX’s merger application to acquire Pan Am Systems, Amtrak’s application to operate Gulf Coast service, and proposed reciprocal switching regulations.
The Surface Transportation Board (STB) will assess environmental impacts of the proposed Canadian Pacific (CP)-Kansas City Southern (KCS) merger; it’s expected that the environmental review process will wrap up by fall 2022.
CSX President and CEO Jim Foote on Nov. 2 responded to Surface Transportation Board Chairman Martin Oberman’s Oct. 18 request for information about service problems, as evidenced by what STB characterized as numerous customer complaints. “Your letter referenced anecdotal service incidents, service metrics and employee figures,” Foote replied. He then went on to provide “an update on the current state of CSX’s network and our plans looking ahead to meet our customer’s needs.”
Gulf Coast service would “impair unreasonably” freight operations unless Amtrak agrees to fund improvements necessary to support its proposal, host freight railroads CSX and Norfolk Southern wrote in a joint filing to the Surface Transportation Board (STB) on Nov. 3.
Canadian Pacific (CP) and Kansas City Southern (KCS) shareholders will have an opportunity to vote on the CP-KCS combination next month.
The Surface Transportation Board (STB) has released a procedural schedule for the proposed transaction creating Canadian Pacific Kansas City (CPKC) and is inviting public comment.
The Surface Transportation Board (STB) is allowing a formal service complaint to proceed in the Sanimax USA LLC v. Union Pacific case.
Despite third-quarter 2021 supply chain challenges, Canadian Pacific’s (CP) “commitment to the foundations of precision scheduled railroading enabled us to respond quickly and effectively,” President and CEO Keith Creel said during the railroad’s earnings announcement on Oct. 20.
Continual reiteration of statistical data and talking points is a necessary but often tiring aspect of being an industry trade association. The Association of American Railroads, one of the principal voices of the railroads, has over many years been presenting arguments supporting railroad economic, social and environmental benefits, and pushing back against those who would undermine “sound public policy and balanced regulation.” Now, AAR’s advocacy has encountered a different type of potential “adversary”—activist Surface Transportation Board Chairman Marty Oberman, who has been voicing strong opinions in public forums, most notably, shipper conferences.
Karen J. Hedlund’s quest to be confirmed to the five-member Surface Transportation Board (STB) and give Chairman Martin J. Oberman a Democratic majority hit another speed bump Oct. 6 when Sen. Mike Lee (R-Utah) objected to Hedlund’s Senate floor confirmation.