GLG News by Coal Railcar Experts in GLG Member Programs (US)
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November 25, 2008Railroad traffic is falling like a rock; will railroad revenue soon follow?
Analysis of: Weekly US rail shipments tumble 9.1 percent | biz.yahoo.com
Author: Toby Kolstad, President, Rail Theory Forecasts
The AAR reported on Nov. 20th that the carload shipments for the previous week were 9.1% lower than the same period in 2007. This was the sixth straight week of decreasing carload totals, with traffic volumes falling to levels not seen in many years for non-holiday periods. What makes these numbers...
November 17, 2008Railroad coal traffic will suffer as new coal plants are idled by new CO2 rules
Analysis of: Coal Power Plants May Have to Clean Up Their Act | www.usatoday.com
Author: Toby Kolstad, President, Rail Theory Forecasts
An EPA Appeals Board has reversed an earlier EPA ruling permitting the
construction of a new coal fired power plant in Vernal Utah. The latter had
been issued without regard for the additional CO2 emissions the plant would added
to the environment. The ruling was hailed as a victory by...
November 14, 2008Watch out for the red coming to the Greenbrier Companies
Analysis of: Greenbrier Stays In The Green | www.forbes.com
Author: Toby Kolstad, President, Rail Theory Forecasts
Greenbrier reported that their backlog for production in 2009 is less than half the number of cars they delivered in 2008 and that they may not make a profit on some of those cars due to higher than expected material costs. And that was the good news. The bad news is that much of their backlog is to...
November 14, 2008
Rate Case Demonstrates Coal Transportation’s Attractiveness to Union Pacific and Other Railroads
Analysis of: Oklahoma Gas & Electric Files Rate Case Against Union Pacific Railroad for Coal Transportation | www.stb.dot.gov
Author: Thomas Shewski, Owner, High Energy Services
Rate Case Demonstrates Coal Transportation’s Attractiveness to Union Pacific and Other Railroads
Analysis of: Oklahoma Gas & Electric Files Rate Case Against Union Pacific Railroad for Coal Transportation | www.stb.dot.gov
Author: Thomas Shewski, Owner, High Energy Services
The most recent Surface Transportation Board Rate Case filed by Oklahoma Gas & Electric (OG&E) against the Union Pacific Railroad (UP) for coal transportation from the Powder River Basin to the Muskogee coal plant actually shows the attractiveness of this move to the...
November 14, 2008
Surface Transportation Board Rate Case Process and Why it is Biased for the Railroads
Analysis of: Oklahoma Gas & Electric Files Rate Case Against Union Pacific Railroad for Coal Transportation | www.stb.dot.gov
Author: Thomas Shewski, Owner, High Energy Services
Surface Transportation Board Rate Case Process and Why it is Biased for the Railroads
Analysis of: Oklahoma Gas & Electric Files Rate Case Against Union Pacific Railroad for Coal Transportation | www.stb.dot.gov
Author: Thomas Shewski, Owner, High Energy Services
Another coal-transporting utility has filed a Rate Case at the Surface Transportation Board (STB) alleging excessive rates for coal transportation. This most recent case was filed by Oklahoma Gas & Electric (OG&E) against the Union Pacific Railroad (UP) for coal...
November 12, 2008
Railroad Fuel Surcharge Court Case to Proceed – Potential Costly Outcome to Four Class I Railroads
Analysis of: Railroads Face Price-Fixing Suit on Surcharges | money.cnn.com
Author: Thomas Shewski, Owner, High Energy Services
Railroad Fuel Surcharge Court Case to Proceed – Potential Costly Outcome to Four Class I Railroads
Analysis of: Railroads Face Price-Fixing Suit on Surcharges | money.cnn.com
Author: Thomas Shewski, Owner, High Energy Services
The suit alleges four of the Class I Railroads violated Federal antitrust laws with respect to fuel surcharge. The four Class I Railroads in the suit are CSX, Norfolk Southern, BNSF Railway, and Union Pacific Railroad. The time period is July 2003 through June 20...
November 7, 2008AAR welcomes its executioner
Analysis of: Rails Welcome Obama Presidency | www.aar.org
Author: Toby Kolstad, President, Rail Theory Forecasts
As lobbyists go, the American Association of Railroads (AAR) has to get the award for chutzpah in giving such a warm welcome to the new president. Like all bureaucrats and most elected officials, Mr. Obama seems to think of rail transportation primarily as a passenger service, although he has noted...
November 4, 2008
What a Potential DM&E Expansion into the Powder River Basin Means to the DM&E, Union Pacific (UP), and BNSF
Analysis of: CP Rail Expects DM&E to Earn More than Forecast | www.reuters.com
Author: Thomas Shewski, Owner, High Energy Services
What a Potential DM&E Expansion into the Powder River Basin Means to the DM&E, Union Pacific (UP), and BNSF
Analysis of: CP Rail Expects DM&E to Earn More than Forecast | www.reuters.com
Author: Thomas Shewski, Owner, High Energy Services
The Dakota Minnesota & Eastern (DM&E) Railroad was recently acquired by the Canadian Pacific (CP) Railway. The DM&E has for years been proposing an extension to the Wyoming Powder River Basin coal reserves. This project, if commenced, would upgrade an...
October 28, 2008Clean air may blow away more railroad coal traffic than clean air rules
Analysis of: CSX chief says coal is under attack | www.topix.net
Author: Toby Kolstad, President, Rail Theory Forecasts
CSX Chairman Michael Ward recently remarked on the growing opposition to coal fired utilities in the country, saying that limiting coal’s use for electricity "is probably one of the stupidest things you could do." For CSX and the other railroads, it would be a bad thing if the electric utilities turned...
October 23, 2008Wabtec poised to help railroads and commuter lines with crash avoidance system
Analysis of: BNSF Ready to Implement Positive Train Control | www.marketwire.com
Author: Toby Kolstad, President, Rail Theory Forecasts
BNSF railroad recently announced that the company would install Positive Train Control (PTC) technology across its entire system by Dec. 31, 2015 and in the Los Angeles basin by 2012. BNSF had been given approval by the Federal Railroad Administration to install the Electronic Train Management System...
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