Genesee & Wyoming Exploring Strategic Options

Genesee & Wyoming Inc. (NYSE: GWR), the global rail short line holding company that owns or maintains an interest in 120 railroads throughout six countries is investigating options to strategically sell all or portions of its worldwide operation. During GWR’s Q1-2019 earnings report on April 30th, the GWR announced that while rail volumes were down […]

Railroad Demurrage – STB Hearing on May 22-23

It’s no secret that railroad demurrage charges and private car storage charges have become a big expense for many rail shippers and receivers. We have to admit it’s not all bad — it has increased demand for RSI’s railcar tracking system and services because shippers need to more closely plan, monitor, and control their railcar […]

Union Pacific Seeking to Eliminate the Provision for Moving Tank Cars Under Mileage Allowance

In their relentless pursuit to push more of the cost of operating railcars on to shippers, the UP has requested the STB to “terminate our obligation to comply with the mileage equalization provisions of the National Tank Car Allowance Agreement adopted by the Interstate Commerce Commission in Investigation of Tank Car Allowance System (“System – […]