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STB Agrees To Review CSX's Plans To Acquire Pan Am Railways
Monday, August 2, 2021 - 12:32pm | 871Expect an April decision on whether federal regulators will allow CSX to acquire New England short line Pan Am Railways, according to the Surface Transportation Board. The board said Friday that it has accepted a request by CSX (NASDAQ: CSX) to consider CSX's application to acquire Pan Am...
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Biden Order Charges STB To Examine Rail Competition
Monday, July 12, 2021 - 10:46am | 2070Defining what it means to provide rail shippers with robust competitive options could be the lens that the Surface Transportation Board uses as it responds to an order from President Joe Biden aimed at promoting competition within the freight railroad and maritime industries. But it remains to be...
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STB asks Class I railroads to report on chemicals and plastics data
Friday, May 22, 2020 - 3:27pm | 472The Surface Transportation Board (STB) will include certain chemical and plastics traffic as a distinct reporting category that the Class I railroads must include in a weekly report about held railcars. The Board said Thursday it is adopting a rule on this issue, effective July 20. The rule will...
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STB Chief Predicts Legal Challenges To Railroad Rate Reform
Monday, December 16, 2019 - 10:45am | 864If one thing could be taken away from two days of hearings on railroad rate reform, it was that neither railroads nor their customers will be happy with whatever rule federal regulators propose. That's because both sides are as dug in as ever on their respective viewpoints, with shippers looking...