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STB heralds one-year anniversary of WH executive order focused on promoting economic competition
July 13, 2022
On July 9, Martin J. Oberman, Chairman of the Washington, D.C.-based 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, lauded the White House’s actions to foster competition in U.S. businesses, commemorating the one-year anniversary of Executive Order 14036, “Promoting Competition in the American Economy.”
STB says U.S. Class I railroads’ service recovery plans need more detail
June 15, 2022
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).
STB issues service ‘directive’ to U.S.-based Class I railroad carriers
May 10, 2022
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.”
STB member Primus makes his case for railroad service upgrades at NEARS fall meeting
October 6, 2021
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.
Letter to Class I railroad execs from STB and FRA focuses on recent service issues
August 25, 2020
The letter’s authors—Ronald Batory, FRA Administrator, Ann Begeman, STB Chairman, Martin Oberman, STB Vice Chairman, and Patrick Fuchs, STB Board Member—explained that the objective of the letter was to reemphasize the importance of safe, dependable rail service, at a time when the nation is focused on restoring jobs and economic recovery.
Intermodal volumes trend down again in the third quarter, reports IANA
November 4, 2019
In its quarterly “Market Trends” report, IANA reported that total third quarter volume––at 4,662,488––was off 3.7% annually, marking the fourth consecutive quarter of annual declines after a lengthy stretch of gains going back to the third quarter of 2016. The first quarter of 2019 was down 1.5% annually, following 4.7% and 4.2% annual gains from the third and fourth quarters of 2018, respectively. And second quarter volumes were off 3.8% annually.
