Q&A: AAR President and CEO Ian Jefferies & SVP Policy and Economics John Gray

The freight railroad sector is replete with many moving parts, including hauling various types of freight commodities and intermodal goods, as well as what is viewed as a very active regulatory environment. And there are other things, too, including technology, policy, the sector's role in the over all economy, among other things. To help put everything into perspective Logistics Management Group News Editor Jeff Berman recently caught up with the Washington, D.C.-based Association of American Railroads' (AAR) President and CEO...

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FRA reports strong Q1 Positive Train Control implementation progress

The FRA said that based upon railroad’s First Quarter 2019 PTC progress reports submitted to FRA by April 30, railroads required to implement PTC are making significant process toward full implementation on required main lines. That is made clear with PTC systems now in operation on almost 48,050 of 58,000 route miles, or nearly 83%, subject to mandated PTC implementation, marking a 3% gain over the fourth quarter of 2018. Source: logistics Mgmt

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STB issues 2017 revenue adequacy determinations for Class I railroads

Late last month, the Surface Transportation Board (STB) made its annual determination of revenue adequacy for United States-based Class I railroads for calendar year 2017. STB said that a railroad is revenue adequate if it achieves a rate of return on net investment equal to at least the current cost of capital for the railroad industry for 2017, which the STB said was 10.04%. Source: logistics Mgmt

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