Updating Class I Rail Carrier Reporting Requirements
Key claim: The largest U.S. freight railroads no longer have to file extra reports on certain Positive Train Control spending, but must start reporting two service performance metrics every week.
Abstract
(Rule · Surface Transportation Board) The Board is adopting a final rule terminating Class I carriers’ supplemental reporting of certain Positive Train Control (PTC) expenditures, and it is requiring Class I carriers to report two service metrics on a weekly basis.
Why this matters
The Surface Transportation Board is terminating supplemental Positive Train Control expenditure reporting for Class I rail carriers and requiring two new weekly service metrics reports.