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STB reports three Class Is were revenue adequate in 2018

(Source: Progressive Railroading, September 9, 2019) The Surface Transportation Board (STB) announced last week that the Class Is that achieved “revenue adequacy” in 2018 were CSX, Canadian Pacific’s Soo Line Corp. and Union Pacific Railroad. A...

STB moves to rehab outdated Uniform Rail Costing System

(Source: Railway Age, August 23, 2019) NEW YORK — If you think a currently under way Surface Transportation Board (STB) search for outside experts to rehabilitate and modernize the 30-year-old Uniform Rail Costing System (URCS) is not of significant importance to...

STB: U.S. Class Is employed fewer workers in July 2019

(Source: Progressive Railroading, August 20, 2019) U.S. Class Is as of mid-July employed 140,703 workers, down 0.46 percent since mid-June and down 4.56 percent since July 2018’s count, according to U.S. Surface Transportation Board (STB) data. Only one category...

U.S. Class I workforce contracted in June, STB data shows

(Source: Progressive Railroading, July 23, 2019) U.S. Class Is as of mid-June employed 141,360 people, down 1.1 percent from mid-May’s level and down 4 percent from June 2018’s count, according to Surface Transportation Board (STB) data. Only one of six...

Rail shippers want more say in carrier operations

(Source: Freight Waves, July 25, 2019) WASHINGTON, D.C. — Customers of the major U.S. railroads claim that many of the service headaches and added costs they’ve increasingly had to endure over the last three years could be avoided if they were to be made partners in...

Rising rail rates, demurrage burden U.S. scrap firms

(Source: Argus Media, June 26, 2019) NEW YORK — Multiple scrap recycling companies operating more than 170 facilities nationwide met with the Surface Transportation Board (STB) in June to request its intervention as increased fees and unreliability harm their ability...

U.S. Class I railroads employed fewer workers in May

(Source: Progressive Railroading, May 21, 2019) U.S. Class Is employed 142,950 workers as of mid-May, down 0.88 percent from mid-April and down 2.76 percent compared with May 2018, according to Surface Transportation Board data. Categories that logged decreases since...