Industry News

NEARS 2020 Conference Recap

The North East Association of Rail Shippers (NEARS) hosted its annual fall conference remotely September 21, 2020 – Sep 25, 2020. The NEARS 2020 conference consisted of several attendees that represented rail shippers, suppliers, and carriers. This was the first virtual event held by NEARS and proved to be very successful. It was a week-long […]

Industry News

Hurricane Update & Railroad Preparedness

Hurricanes cause more damage than any other type of weather catastrophe. These storms destroy homes and cities, as well as infrastructure. To survive a hurricane, and also to rebuild after the storm, hurricane preparedness for rail shippers is essential. The hurricane season of 2020 has already been intense, and will continue to bring more storms. […]

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Norfolk Southern Postpones April-2020 Demurrage & Storage Changes

On December 1, 2019 the Norfolk Southern announced revisions to their NS 6004-D Demurrage and Storage tariff.  The changes that were to become effective April 1, 2020 involved the NS implementing a new tiered demurrage and storage structure to address cars held for seven (7) days or longer.  Chargeable per car per day rates for […]

Railroad Workers Checking Railways

What’s New in OT-57? Everything You Need to Know

You are more than likely familiar with OT-5 application process and the various charges and penalties that many rail shippers have been charged as a result.  The OT-5 application process had some inherent problems including:  The OT-5 application itself was a time-consuming process.  Each railroad had different criteria to approve/reject applications Some railroads would not […]

Midwest Association of Rail Shippers logo

Recap of Midwest Association of Rail Shippers Summer Meeting

Precision Scheduled Railroading (PSR) was the main topic of discussion at the Midwest Association of Rail Shippers (MARS) summer meeting in July. The schedule allowed attendees the opportunity to hear about PSR from three distinct perspectives. Class I railroads, short line railroads, and shippers. The following is a quick recap: Norfolk Southern’s Chairman, President and […]

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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 […]

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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 […]