Primus Sworn In as Fourth STB Member
Robert Primus was sworn in as a new member of the Surface Transportation Board on Jan. 7, with House Majority Whip James E. Clyburn (D-S.C.) presiding.
Robert Primus was sworn in as a new member of the Surface Transportation Board on Jan. 7, with House Majority Whip James E. Clyburn (D-S.C.) presiding.
Colorado, Midland & Pacific Railway Co. (CMP), a wholly owned subsidiary of Rio Grande Pacific Corp. (RGPC), has entered into an agreement to lease the majority (163.1 miles) of the Tennessee Pass rail line between Parkdale and Sage, Colo., from Union Pacific. The short line has also submitted a filing to the Surface Transportation Board for common-carrier authority to operate the line.
The Surface Transportation Board (STB) is holding a virtual conference Dec. 18 to address a new approach for considering class exemption and revocation issues.
CSX announced Nov. 30 it had signed a definitive agreement to acquire Pan Am Railways, Inc., the 1,800-mile Class II in New England, expanding its reach in Connecticut, New York and Massachusetts, while adding Vermont, New Hampshire and Maine to its existing 23-state network.
Robert Primus and Michelle Schultz, whose confirmation as the fourth and fifth members of the U.S. Surface Transportation Board have been on hold for months, were confirmed by the U.S. Senate late on Nov. 18. They are expected to be sworn in shortly, giving the STB its full complement of five members, a number set by the 2015 Surface Transportation Board Reauthorization Act.
“Examining the Surface Transportation Board’s Role in Ensuring a Robust Passenger Rail System” was the topic of a virtual Nov. 18 hearing before the U.S. House of Representatives Committee on Transportation and Infrastructure, Subcommittee on Railroads, Pipelines, and Hazardous Materials.
The proposed Uinta Basin Railway to be constructed in Utah now has a recommended route. The Surface Transportation Board’s (STB) Office of Environmental Analysis has issued a Draft Environmental Impact Statement (EIS) recommending the 88-mile Whitmore Park Alternative.
Denver-based OmniTRAX is linking rail-served properties along its 25-mile Northern Ohio & Western Railway (NOW) with customers interested in locating there, in coordination with the Tiffin-Seneca Economic Partnership, which serves the counties of Tiffin and Seneca, Ohio. Additionally, Watco Companies, LLC, will lease and operate a line from CN subsidiary Wisconsin Central Ltd. in Illinois. Previously known as the Phoenix Line, Watco’s new subsidiary is now called the Elwood Joliet & Southern Railroad (EJSR). The Jeffersonville RiverRail Terminal in Indiana is set to open early next year, to be served by Louisville & Indiana Railroad (LIRC), an Anacostia Rail Holdings Co. subsidiary, and American Commercial Barge Line.
The Surface Transportation Board has determined that five of the “Big 7” U.S. Class I railroads achieved revenue adequacy in 2019: BNSF, CSX, Norfolk Southern, Soo Line (the U.S. affiliate of Canadian Pacific) and Union Pacific. STB determined that those Class I’s achieved a rate of return on investment (ROI) equal to or greater than the Board’s calculation of the average cost of capital for the freight rail industry, which for 2019 is 9.34%.
The Surface Transportation Board and Federal Railroad Administration on Aug. 24 sent joint, identical letters to the CEOs of the seven North American Class I’s—Carl Ice (BNSF), Keith Creel (Canadian Pacific), JJ Ruest (CN), Jim Foote (CSX), Pat Ottensmeyer (Kansas City Southern), Jim Squires (Norfolk Southern) and Lance Fritz (Union Pacific)—citing service problems and “increased communication and transparency with rail shippers.”