Wednesday, October 15, 2014
Regulators require weekly congestion reports from all Class 1 railroads
Union Pacific and six other Class 1 railroads are now federally required to file detailed weekly reports on shipping delays, as federal regulators cope with complaints that crude oil gets top priority at the expense of all other cargo.
The Surface Transportation Board ruled this week that all seven Class 1 railroads with U.S. operations are required to submit weekly information on average train speeds and the amount of time trains spend waiting in terminals, plus a description of operating conditions in Chicago, which is often cited as a rail choke point.
The other major U.S. railroads join BNSF and Canadian Pacific Railway, which were required to submit such reports earlier this year after delays piled up due to harsh weather and a surge in the demand for Bakken crude oil produced in North Dakota.
"Shippers expressed concerns about the lack of publicly available rail service metrics and requested access to certain performance data," the Surface Transportation Board said in a decision released Wednesday. "There is a need for broader standardized performance data from the railroad industry."
For more of the Omaha.com story: www.omaha.com
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