November 1, 2014

Shippers liable for coal dust costs

STB_logo

Federal regulators have handed freight railroads a victory, saying they can require shippers to pay for specific steps to control coal dust from rail cars.  In a Dec. 13 decision, the Surface Transportation Board ruled that shippers failed to prove that BNSF Railway Co.’s coal-loading rules were unreasonable, though it struck down one provision relating [...]

Obama nominates former Kan. DOT secretary for STB

deb_miller_stb

President Barack Obama has nominated former Kansas Secretary of Transportation Deb Miller to the Surface Transportation Board, reportedly replacing George Bush-appointee Francis Mulvey. Miller, a Democrat, was the Kansas secretary of transportation from 2003 to 2012, making her the first female and longest serving transportation secretary of that state. She was appointed by former Gov. [...]

UP lone “revenue adequate” railroad for 2010

STB_logo

WASHINGTON – The U.S. Surface Transportation Board has determined that only one major railroad – Union Pacific – was “revenue adequate” in calendar year 2010. A railroad is considered “revenue adequate” if it achieves a rate of return on net investment equal to at least the current cost of capital for the railroad industry. Revenue [...]

Rail revenue adequacy faces challenge; stocks down

WASHINGTON – Individuals choose bank savings accounts based on the interest rate offered, assuming the investment is secure because no depositor has ever lost their principal on a Federal Deposit Insurance Corp. (FDIC) backed account. By contrast, corporate investors must consider risk of their principal along with an anticipated rate of return on their investment. [...]

UTU wins protection for members on beer railway

WASHINGTON – The UTU has won a victory on behalf of 12 train and engine employees represented by the UTU and employed by Manufacturers Railway, a 124-year-old subsidiary of brewer Anheuser-Busch for which Manufacturers performs switching services in St. Louis. In March, the carrier sought permission from the U.S. Surface Transportation Board (STB) to discontinue operations, [...]

STB chairman: T&E workers ‘unsung heroes’

Elliott NEW YORK – Former UTU Associate General Counsel Dan Elliott, now chairman of the U.S. Surface Transportation Board — the federal agency regulating rail mergers, line sales, abandonments and labor protection — returned to his roots July 4, speaking to more than 500 UTU officers and members attending the union’s eastern regional meeting here. [...]

New STB member; RRB, NMB hopefuls waiting

WASHINGTON — A former John McCain aide, Ann Begeman, has been confirmed by the Senate as the one Republican on the three-member U.S. Surface Transportation Board. Two other presidential nominees — Walt Barrows to become the labor member on the Railroad Retirement Board, succeeding Butch Speakman; and Republican Thomas Beck to the National Mediation Board, [...]

Obama again names NMB, STB nominees

WASHINGTON — President Obama has renominated two Republicans to key transportation posts after the Senate failed to take action on the nominations last year. Nominated to the three-person National Mediation Board, for a term expiring July 1, 2013, is Republican Thomas M. Beck. Nominated to the three-person Surface Transportation Board, for a term expiring Dec. [...]

Senate failed to act on NMB, STB nominees

WASHINGTON — Two Obama administration nominations of Republicans to key transportation regulatory positions — one to the National Mediation Board; the other to the Surface Transportation Board — were returned to the White House by the Senate this week without confirmation action and will have to be resubmitted to the Senate in the new Congress. [...]

Train & engine worker jobs climb 10%

Almost 10,000 train and engine workers returned to work on Class I railroads through the first 11 months of 2010, with T&E jobs up almost 10 percent compared with November 2009, says the Surface Transportation Board, which tracks the data. The STB says 61,819 train & engine workers are now on the job with Class [...]