By Bill Stephens for trains.com Railroads would have to report local service data as well as locomotive and crew availability Class I railroads operating in Canada would be required to report additional performance and staffing metrics under a proposal Canadian regulators unveiled on Friday. Transport Canada’s move was announced on the same day that the Surface Transportation […]
Written by William C. Vantuono, Editor-in-Chief for railwayage.com On May 5—a little more than a week after its April 26-27 “Urgent Issues in Freight Rail Service” hearing—the Surface Transportation Board, voting unanimously, has issued updated, more-comprehensive rules for reporting performance and employment metrics. The eight-part regulations, which mostly affect the “Big 4”—BNSF, CSX, Norfolk Southern […]
By Justin Franz for railfan.com The U.S. Surface Transportation Board announced Friday that all seven Class I railroads will have to submit reports on rail service, performance and employment, and four of them will need to provide plans on how they will get service back on track. The request for more information and transparency comes […]
Written by David Nahass, Financial Editor for railwayage.com FINANCIAL EDGE, RAILWAY AGE MAY 2022 ISSUE: Sports journalists say they don’t root for teams; they root for stories. At “Financial Edge,” the circumstance is the same. There always needs to be something to write about. Nonetheless, at its heart, “Financial Edge” roots for the railroads. The […]
By Justin Franz for railfan.com After a fiery two-day hearing in Washington D.C., about the ongoing Class I service crisis, many in and out of the rail industry are asking “What’s next?” After receiving an avalanche of complaints from shippers and railroaders about the state of rail service, the U.S. Surface Transportation Board demanded that […]
Shippers, unions and the STB believe cost cutting has gotten out of hand. By David Sparkman for mhlnews.com The service deterioration on the nation’s Class 1 railroads is approaching the point of becoming a national security issue, shippers informed the Surface Transportation Board (STB) at hearings held April 26-27, where they described how it already […]
‘There’s probably no elegant solution to structurally fix rail service’ By Joanna Marsh for freightwaves.com Service disruptions at the Class I railroads have come to a head in recent weeks, and shippers and the unions representing rail workers are clamoring for changes to the freight rail industry of a magnitude to match the disruptions. Some […]
By JOSH FUNK for apnews.com Some grain elevators are so full that farmers trying to sell their crops are being turned away. But at the same time, flour and animal-feed mills are halting production because they can’t get the grain they need. The issue? The lack of trains to move the grain. Federal regulators are […]
The Chairman of the Surface Transportation Board (STB) Marty Oberman announced that they will be holding a public hearing on “Urgent Issues in Freight Rail Service,”scheduled for April 26th and 27th. The STB will direct the big four Class 1 railroads to appear before the board, and has invited rail customers and labor organizations to give […]
Trade group says rail service delays may lead to higher prices at the gas pump By Bill Stephens for trains.com WASHINGTON – The trade group representing ethanol producers has told federal regulators that its members are experiencing significant rail service delays and disruptions that could lead to higher gasoline prices. “While we certainly understand that […]