September 14, 2021 | CN, CP, Headlines, KCS, STB
(Source: Reuters, September 12, 2021) NEW YORK — Kansas City Southern said on Sunday it planned to accept Canadian Pacific Railway Ltd’s $27.2 billion cash-and-stock acquisition offer as superior to its $29.6 billion deal to sell itself to Canadian National...
September 14, 2021 | Headlines, STB
(Source: Railway Age, September 13, 2021) NEW YORK — Associations representing private railcar owners are rebutting responses to their request that the Surface Transportation Board institute a rulemaking updating the demurrage and accessorial rules governing the...
September 10, 2021 | Headlines, PSR, STB
(Source: Trains Magazine, September 9, 2021) CHICAGO — Surface Transportation Board Chairman Martin J. Oberman stepped up his criticism of Class I railroads on Wednesday, saying the industry’s drive for ever-increasing profits resulted in a loss of market share to...
August 31, 2021 | Amtrak, Headlines, STB
(Source: Trains Magazine, August 30, 2021) WASHINGTON, D.C. — Amtrak has urged federal regulators to impose conditions on CSX Transportation’s proposed acquisition of Pan Am Railways that would protect current and potential expansions of passenger service in New...
August 31, 2021 | Headlines, STB
(Source: Progressive Railroading, August 30, 2021) U.S. Class Is as of mid-July employed 115,670 people, down 0.23% from mid-June and down 1.33% from employment levels in mid-July 2020, according to Surface Transportation Board data. The following five of six...
August 30, 2021 | Headlines, STB
(Source: Freight Waves opinion column by Matt Parker and Jason Doering, August 29, 2021. Parker is Chairman of the BLET’s Nevada State Legislative Board. Doering is chairman and director of the SMART-TD Nevada State Legislative Board.) CHATTANOOGA, Tenn. — Two recent...
August 26, 2021 | Headlines, STB
(Source: World Grain, August 24, 2021) KANSAS CITY, Mo. — The Surface Transportation Board this month posted notice of a National Grain Car Council meeting to be held virtually via Zoom on Aug. 26 from 1 p.m. to 5 p.m. CDT to discuss grain transportation issues,...
August 17, 2021 | AAR Freight Trends, Headlines, STB
(Source: S&P Global Platts, August 13, 2021) HOUSTON — Powder River Basin coal train loadings fell to a 10-week low in the week ended August 6, dragging down the entire U.S. average by 1.3% to 78 trains/day, recent Surface Transportation Board data showed. Full...
August 16, 2021 | AAR Freight Trends, Headlines, STB
(Source: Railway Age, August 12, 2021) NEW YORK — In responding to Surface Transportation Board Chair Marty Oberman’s July 22 letter to the Class I railroads requesting information on the extent of congestion at key U.S. container terminals and on their railroads’...
August 12, 2021 | Headlines, STB, UP
(Source: Railway Age, August 11, 2021) NEW YORK — Union Pacific Chairman, President and CEO Lance Fritz on Aug. 5 responded to Surface Transportation Board Chairman Marty Oberman’s July 22 letter to Class I railroad CEOs requesting information on the extent of...
