December 2, 2019 | Headlines, STB
(Source: Progressive Railroading, November 27, 2019) Class Is as of mid-October employed 134,582 people, down 1.67 percent from mid-September’s level and down 9.51 percent from October 2018’s count, according to Surface Transportation Board (STB) data. All...
November 26, 2019 | Headlines, STB
(Source: Freight Waves, November 26, 2019) CHATTANOOGA, Tenn. — Employee headcount levels for the U.S. rail operations of Class I railroads hit a new low in October amid a slump in U.S. rail traffic and the transition to precision scheduled railroading (PSR). The...
October 29, 2019 | Headlines, STB
(Source: Progressive Railroading, October 28, 2019) Class Is as of mid-September employed 136,865 people in the United States, down 1.74 percent from mid-August’s level and down 7.63 percent from September 2018’s count, according to Surface Transportation...
October 16, 2019 | Headlines, STB
(Source: Railway Age, October 15, 2019) NEW YORK — The Surface Transportation Board (STB) proposes to change the formula for computing the cost of the equity component of the railroad industry’s cost of capital. This is of consequence to railroads, shippers and...
October 8, 2019 | Headlines, STB
(Source: Logistics Management, October 7, 2019) MORGANVILLE, N.J. — The United States Surface Transportation Board (STB) an economic regulatory agency charged by Congress with the fundamental missions of resolving railroad rate and service disputes and reviewing...
October 3, 2019 | Headlines, STB
(Source: Freight Waves, October 2, 2019) CHATTANOOGA, Tenn. — The Surface Transportation Board (STB) has been busy lately. The Board issued two proposed rulemakings on September 30, while an August decision regarding fuel surcharges has led a coalition of shippers’...
September 23, 2019 | Headlines, STB
(Source: Freight Waves, September 21, 2019) CHATTANOOGA, Tenn. — The total number of employees working for the U.S. operations of Class I railroads in August sank to its lowest level in years, according to an analysis of data from the Surface Transportation Board. The...
September 20, 2019 | Headlines, STB
(Source: Progressive Railroading, September 19, 2019) In mid-August, U.S. Class Is employed 139,284 workers, down 1.01 percent from mid-July and down 5.98 percent from mid-August 2018, according to Surface Transportation Board employment data. On a month-over-month...
September 17, 2019 | Headlines, STB
(Source: Progressive Railroading, September 16, 2019) The American Chemistry Council (ACC), which represents rail shippers in the chemical manufacturing industry, announced its support last week for the Surface Transportation Board’s recently proposed changes to...
September 16, 2019 | Headlines, STB
(Source: Freight Waves, September 13, 2019) CHATTANOOGA, Tenn. — The Surface Transportation Board (STB) is seeking feedback on two proposed rules aimed at making rail rate review procedures more efficient and accessible, especially for smaller shippers. One proposed...