Regulatory

FRA + STB: seven Class 1s, one letter

Curiously timed with the start of the Republican National Convention (or perhaps not so curiously), the Surface Transportation Board and Federal Railroad Administration on Aug. 24 sent joint, identical letters to the

NJ Transit announces major PTC milestone achievements

Positive Train Control (PTC) Enters Extended Revenue Service Demonstration and PTC Safety Plan Submitted on Schedule NJ TRANSIT has advanced its Positive Train Control (PTC) program into the Extended Revenue Service Demonstration (ERSD)

Oil glut creating storage problems

The glut of oil caused by plummeting prices is beginning to outpace capacity for storage. According to a report by Yahoo! Finance, IHS Markit, a Canadian firm, projects that storage space will