STB

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STB

STB Planning to Hold Grain Public Hearing

July 28, 2006 Railfanning.org News Wire

WASHINGTON — Some time this fall, the Surface Transportation Board is planning to hold a public hearing to address "certain issues related to the rail transportation of grain," the agency announced in a news release. The United States Government Accountability Office (GAO) on June 21 released preliminary observations on rates, competition and capacity issues within the American rail freight industry. GAO reported that the changes that have occurred in the rail industry since the Staggers Rail Act of 1980 are widely viewed as positive. The financial health of the industry has improved substantially as railroads have cut costs and boosted

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BNSF

STB Releases Fall Peak Service Plans

July 26, 2006 Railfanning.org News Wire

WASHINGTON — The Surface Transportation Board has released letters from Class I railroads outlining their “peak season” service plans. In June, Chairman W. Douglas Buttrey sent letters to the chief executive officers of the seven largest railroads and to the American Short Line and Regional Railroad Association (ASLRRA), asking the railroads to inform the STB of their plans to ascertain the demand for, and to prepare for, the provision of peak-season service; their performance goals for the remainder of 2006 and their plans for achieving those goals; and their plans to communicate their service goals and plans with customers. In

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Short Line/Regional

Settlement for South Dakota Core Line Announced

November 28, 2005 Railfanning.org News Wire

PIERRE, S.D. – Gov. Mike Rounds and BNSF Railway Company (BNSF) on Nov. 28 announced a settlement has been reached for the sale of the state-owned Core railroad line to BNSF. “South Dakota producers and shippers will benefit by enhanced transportation access to markets,” Rounds said. “As a condition of the sale, we negotiated a settlement protecting and expanding access to the Core line for our South Dakota shippers. This is access to worldwide markets that our smaller carriers have never before had.” The state will collect approximately $40,337,295 from BNSF for the sale of the Core Line. The proceeds