Archive for August 10, 2017

STB sets 2016 cost of capital

(source: Railway Age 08/10/2017) Written by  William C. Vantuono, Editor-in-Chief The U.S. Surface Transportation Board has issued a decision determining the railroad industry’s cost of capital for 2016. In Railroad Cost of Capital—2016, Docket No. EP 558 (Sub-No. 20), the Board found that the rail industry’s after-tax cost of capital was 8.88% for 2016. For 2015,…

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No injuries reported as 16 UP train cars derail in Topeka

(Source: Topeka Capital-Journal, August 9, 2017) TOPEKA, Kan. — A Union Pacific freight train derailed Wednesday morning just northwest of downtown Topeka, authorities said. No injuries were reported in the incident, which occurred about 7:15 a.m. just west of N.W. Crane and Topeka Boulevard. Full story: Topeka Capital-Journal Thursday, August 10, 2017

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Senator Schumer demands FRA, FMCSA reverse sleep apnea rule withdrawal

(Source: Railway Track & Structures, August 9, 2017) NEW YORK — U.S. Sen. Charles Schumer (D-NY) is asking the Federal Railroad Administration (FRA) and the Federal Motor Carrier Safety Administration (FMCSA) to reverse the withdrawal of pending regulation that would require sleep apnea testing of workers in safety critical roles. Full story: Railway Track & Structures…

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