The STB is bringing back the days of being a strong regulator of the days when the ICC was the big boss
http://www.stb.dot.gov/decisions/readingroom.nsf/WebDecisionID/45108?OpenDocument
The STB is proposing to bring a handful of commodities under potential rate review by allowing those shippers to ask for hearings. They are recalling these commodities which the had earlier exempted. The threads headline is way overstated. Additionally the politics is more with shippers.
TOFC and COFC aka Intermodal would be included in this expansion. Intermodal was never included because it was a small part of shipments under ICC in the 1980s. They never envisoned unit stack trains of 150 cars allowing railroads to dominate certain corridors. Railroads can also enter into contracts that allow big buisneses in Intermodal lanes that put small buisnesses at a disavantage.
MidlandMikeThe threads headline is way overstated.
Some of the members are seeing an all-too-familiar pattern in the new member's posts.
C&NW, CA&E, MILW, CGW and IC fan
schlimm MidlandMike The threads headline is way overstated. Some of the members are seeing an all-too-familiar pattern in the new member's posts.
MidlandMike The threads headline is way overstated.
Agreed.
Norm
Norm48327 schlimm MidlandMike The threads headline is way overstated. Some of the members are seeing an all-too-familiar pattern in the new member's posts. Agreed.
And his name is Ohio-related. I wonder how long it'll be this time before he goes out of control...
Greetings from Alberta
-an Articulate Malcontent
mudchicken http://www.stb.dot.gov/decisions/readingroom.nsf/WebDecisionID/45108?OpenDocument
A case of Regulatory Ineptness, or a lawyer employment act(?) It would seem that the reaction is surely, going to be in a Courtroom; where it will be a case of "My lawyer(s) will whip you lawyer(s)" The decision will not be anytime soon IMHO.
SD70M-2Dude Norm48327 schlimm MidlandMike The threads headline is way overstated. Some of the members are seeing an all-too-familiar pattern in the new member's posts. Agreed. And his name is Ohio-related. I wonder how long it'll be this time before he goes out of control...
If he is who we all suspect, I think there is a pretty high correlation of that event with ounces of alcohol consumed.
MidlandMikeThe STB is proposing to bring a handful of commodities under potential rate review by allowing those shippers to ask for hearings. They are recalling these commodities which the had earlier exempted. The threads headline is way overstated. Additionally the politics is more with shippers.
"(1) crushed or broken stone or rip rap; (2) hydraulic cement; and (3) coke produced from coal, primary iron or steel products, and iron or steel scrap, wastes or tailings."
Doesn't seem like a big deal to me - but then, I don't deal in or transport any of those.
- Paul North.
It does to me I along with many of my neighbors collect scrap metal for extra income. We could either take to the local scrap yard or drive 50 miles to the hub yard with a rail siding and get a couple more bucks
You're either collecting a lot of scrap or you're literally getting just a couple bucks, Scrap prices are in the tank, it almost costs more in gas than the scrap is worth, unless you're driving something that gets 50 or 60 mpg. So you really need to be bored stiff to spend much time collecting scrap now which does make the this no big deal to almost everyone.
Bob
Running a local scrap yard is a tough buisness and having railroad service would give you more value for the buck rather then transloading and having a fleet of trucks to take to the scrap hub. Besides those scrap metal trucks leak sharp debris all over my neighborhood
Having a rail siding does not in its self give you a better deal. If the end buyer is a mill within a couple hundred miles it's more profitable to truck it. Best friend's family is a scrap dealer - that quit rail decades ago and truck scrap to a mill in Ohio and one in NW Indiana. Looks like you should invest in a magnet. Anyway, the STB isn't going anywhere over any of this.
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