STB

The close eye being kept on service levels remains fully intact based on a directive by the Washington, D.C.-based Surface Transportation Board (STB), to BNSF Railway Company (BNSF), CSX Transportation, Inc. (CSX), Norfolk Southern Railway (NSR), and Union Pacific Railroad (UP).

The STB said it will direct and require certain railroads to submit service recovery plans and also additional data and regular progress reports on rail service, operations, and employment. And it added that the objective of these measures is to “to inform the Board’s assessment of further actions that may be warranted to address the acute service issues facing the rail industry and to promote industry-wide transparency, accountability, and improvements in rail service.”

Railroad service was front and center at last week’s hearing hosted by the Surface Transportation Board (STB), an independent adjudicatory and economic-regulatory agency charged by Congress with resolving railroad rate and service disputes and reviewing proposed railroad mergers.

Following an announcement it made earlier this month, when it said it would hold a hearing on April 26-27, regarding recent rail service problems and recovery efforts relating to various Class I railroad carriers, entitled "Urgent Issues in Freight Rail Service," the Surface Transportation Board (STB), an independent adjudicatory and economic-regulatory agency charged by Congress with resolving railroad rate and service disputes and reviewing proposed railroad mergers said late last week that it has issued a notice of proposed rulemaking ...

Late last week, the Surface Transportation Board (STB), an independent adjudicatory and economic-regulatory agency charged by Congress with resolving railroad rate and service disputes and reviewing proposed railroad mergers, said it plans to hold public hearings later this month—on April 26-27—regarding recent rail service problems and recovery efforts relating to various Class I railroad carriers.

While Canadian Pacific Railway’s (CP) acquisition of Kansas City Southern (KCS) is not expected to be made official until the second half of this year, CP said this week that the companies are collaborating on an interline basis, having rolled out what it said is the first dedicated intermodal train. This train runs between Lázaro Cárdenas and the U.S. Midwest. CP officials said that the impetus for this train was driven by the need to avoid...

With the February 14 filing date for the Surface Transportation Board’s (STB) proposed reciprocal switching regulations earlier this week, various freight railroad stakeholders made their cases for and against the case for it in comments filed to the STB. A public hearing hosted by the STB on these regulations is scheduled for March 15 and 16 at the STB’s Washington, D.C.-based headquarters.

Late last month, the Surface Transportation Board (STB) provided information regarding its public hearing on proposed reciprocal switching obligations, which is scheduled for March 15-16, and will be held at its Washington, D.C.-based office.

With the supply chain remaining front and center, as it relates to the overall economy and goods movement, there was no shortage of things to address for Ian Jefferies, President and CEO of the Association of American Railroads, at the RailTrends Conference hosted by Progressive Railroading and independent railroad analyst Tony Hatch earlier this month.

The STB announced it has “accepted for consideration” the application filed on October 29 by Canadian Pacific Railway (CP) and Kansas City Southern Railway (KCS) concerning their potential merger.

In a recent speech given at the Northeast Association of Rail Shippers (NEARS) fall conference in Portland, Maine, Robert Primus, a member of the Surface Transportation Board (STB), an independent adjudicatory and economic-regulatory agency charged by Congress with resolving railroad rate and service disputes and reviewing proposed railroad mergers, told the railroad carrier and shipper attendees that the biggest concern in the sector is railroad service levels.

The respective pursuits of Class I railroad carrier Kansas City Southern (CN) by Canadian Class Is CP and Canadian National (CN) appears to have reached the end of the line, with KCS announcing on September 12 that its Board of Directors has indicated that the revised offer submitted by CP is a “Company Superior Proposal."

Coming in under the wire on its August 31 deadline, the Surface Transportation Board (STB) announced a unanimous decision today, in rejecting the use of a voting trust between Canadian National Railway (CN) and Kansas City Southern (KCS) regarding CN’s pending acquisition of KCS, which could hinder chances of a deal being completed.

The pending acquisition of Kansas City Southern (KCS) by Canadian National Railway (CN) was the focus on an announcement made today by the Surface Transportation Board (STB), with the STB saying today it is now considering a joint motion filed by CN and KCS, regarding approving the parties’ voting trust agreement.

In the letter, Oberman expressed his concern regarding persistent problems with congestion in the international supply chain, as well as significant container storage fees shippers are being required to pay in order to receive their containers.