Genesee and Wyoming logo

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 […]

Surface Transportation Board logo

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 […]

Surface Transportation Board logo

Rail Freight Rates – STB Rate Reform Task Force Issues its Report

In January 2018 Chairman Ann Begeman formed a Rail Rate Reform Task Force to recommend improvements to the existing rate review processes and to propose new rate review methodologies. Rail rate rule reform has been Chairman Begeman’s top priority. Last week, the task force submitted their report to the STB. The Rate Reform Task Force […]