CARB Your Enthusiasm

Railroad Weekly June 17, 2024

courtesy: Nutrien

Inside This Issue

·   CARB Your Enthusiasm: RRs Push Back on California Scheming     

·   For Whom the Coal Tolls: Which U.S. Class Is Are Most Exposed?

·   Rate Where We Want It: Fed Holds Interest Rates Steady

·   Humpster Fire: CSX Removing Old Humps, Modernizing Yards

·   Container Gainer: New Orleans Seeing Big Growth in IM Rail Volumes

·   Not So Fast: GATX Questions RR Service Improvements

·   After Ancora: NS Sets About on its Plan to Boost Profits

·   Coming This Week: The Latest Fed Update on Industrial Output

Track Talk

“The CARB regulation is impractical, mandating non-viable technologies on an unrealistic timeline while grossly underestimating the cost of the regulation, not merely for railroads but businesses that rely on rail as well.”

      -AAR President and CEO Ian Jefferies, testifying on Capitol Hill last week

The Latest

·   We’re now just two weeks away from the start of Q3. So far in Q2, a major theme