Chemical shippers warn rail strike could hasten recession
The American Chemistry Council says a rail strike lasting a month or longer could significantly damage the U.S. economy.
The American Chemistry Council says a rail strike lasting a month or longer could significantly damage the U.S. economy.
El grupo comercial insta al Congreso a intervenir en caso de que la huelga parezca inminente
Promoting competition, Laredo’s rail conversion potential and passenger rail in Louisiana were among the themes explored in the second half of the seven-day hearing proceeding on the CP-KCS merger.
The American Chemistry Council says freight rail service still leaves much to be desired, despite the railroads’ efforts to improve.
Congress should fund the Surface Transportation Board, agreed panelists at a U.S. House hearing on the board’s funding reauthorization. But they disagree on what STB’s role should be in regulating the freight railroads.
Access to interchanges, treatment of American grain shippers compared to Canadian ones and service impacts weigh on shippers’ minds as they evaluate the proposed merger between Canadian Pacific and Kansas City Southern.
The American Chemistry Council chats with FreightWaves about why government leaders should keep transportation issues at the forefront of policymaking, especially in light of anticipated growth in production of chemicals.
Canadian Pacific and CN note the end of the public comment period for CN’s proposed voting trust, which would be used to acquire Kansas City Southern. But in order for regulators to review the voting trust application, the Surface Transportation Board may need to clarify further the parameters for gauging whether a rail merger is in the public interest, some stakeholders say.
The American Chemistry Council wants the Surface Transportation Board to look into whether operational changes and cost cutting exacerbated the rail service issues that chemicals shippers have been having in the first half of this year.
The American Chemistry Council, which represents chemicals shippers, wants the Surface Transportation Board to scrutinize proposed Class I rail mergers to ensure that shippers don’t encounter reduced offerings.