Surface Transportation Board hands down three decisions on U.S. railroad regulations NEWSWIRE

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WASHINGTON — The Surface Transportation Board today announced that it is issuing a series of decisions on demurrage and accessorial rules and charges, continuing its efforts to improve dispute resolution processes, promote transparency, and make the agency more accessible. Informed by the agency’s two-day public hearing with more than 50 participants, the Board is issuing […]

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Key question at shipper conference: Are railroads still relevant? NEWSWIRE

BURLINGTON, Vt. — A common theme woven through several presentations at a regional rail shippers’ conference this week involved a key question: Are railroads still relevant? The world increasingly expects transportation that’s fast, reliable, and easy. Railroads are slow, unreliable, and complicated. As a result, they’ve lost market share to trucks and often aren’t even […]

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AAR: Fundamental changes forcing focus ‘on basic railroad management and operational principles’ NEWSWIRE

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Association of American Railroads WASHINGTON — The Association of American Railroads on Wednesday reported U.S. rail traffic for the week ending Sept. 28, 2019, as well as volumes for Sept. 2019. U.S. railroads originated 992,542 carloads in Sept. 2019, down 7%, or 74,172 carloads, from Sept. 2018. U.S. railroads also originated 1,061,483 containers and trailers […]

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Industry analysts dissect falling rail and truck volumes NEWSWIRE

BURLINGTON, Vt. — Although 2019 is shaping up as a disappointing year for railroad volume, it’s been a downright disastrous year in trucking, Cowen & Co. transportation analyst Jason Seidl told a rail shipper conference on Wednesday. “Things are bad,” Seidl says. More trucking companies filed for bankruptcy in the first half of 2019 than […]

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More shippers file suits over railroad fuel surcharges NEWSWIRE

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A CSX Transportation intermodal train hits the diamond at Blue Island, Ill., on Sept. 16, 2019. CSX, BNSF, Norfolk Southern, and Union Pacific face a series of lawsuits from shippers over fuel surcharges the railroads instituted beginning in 2003. TRAINS: David Lassen Shippers across the country filed suit against the four largest U.S. railroads on […]

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Event promotes child safety around railroad tracks

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ELMHURST, Ill. — Following a recent multi-agency event to raise child awareness of safety around railroad tracks, parents are being encouraged to share five safety tips with their children. The Sept. 27 event at the Metra station in Elmhurst, Ill., part of National Rail Safety Week, involved Union Pacific, Metra, the DuPage Railroad Safety Council, […]

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Hyundai, Kia sue Class I railroads over fuel surcharges NEWSWIRE

SANTA ANA, Calif. — South Korean automakers Hyundai and Kia are suing the four largest U.S. Class I railroads, saying the railroads are violating U.S. antitrust law with coordinated fuel surcharges that drive up shipping costs. Reuters reports that the companies filed the suits Tuesday in federal court in Santa Ana, near their U.S. headquarters […]

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STB proposes rule to change reporting requirements for chemicals and plastics traffic on railroads NEWSWIRE

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WASHINGTON — The Surface Transportation Board on Tuesday issued a notice of proposed rulemaking that would amend the Board’s railroad performance data reporting rules. Specifically, the Board proposes to include chemical and plastics traffic as a distinct reporting category to the Class I railroads’ weekly reporting of the “cars-held” metric, which tracks the average number […]

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Surface Transportation Board proposes a third method for calculating railroads’ capital costs NEWSWIRE

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WASHINGTON — The Surface Transportation Board on Tuesday announced a notice of proposed rulemaking to enhance its methodology for determining the railroad industry’s cost of capital by incorporating an additional model, called “Step MSDCF,” into the calculation. Each year, the Board determines the railroad industry’s cost of capital. This figure, which the Board calculates as […]

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Track Machines Connected launches NEWSWIRE

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HAGENBERG, Austria — Track Machines Connected (TMC) launched its business today, taking over the former Plasser & Theurer Connected subsidiary of maintenance-equipment firm Plasser & Theurer. The new company will add additional services for collection and processing of rail infrastructure data to those offered by P&T Connected, which since its launch in 2017 had worked […]

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