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🌉Coast Guard Reinstates Drawbridge Operation Regulation in Florida

The Coast Guard is reinstating the temporarily modified operating schedule that governs the Florida East Coast (FEC) Railroad Bridge, across the Okeechobee Waterway (OWW), mile 7.41, at Stuart, FL. This action allows for continuity for drawbridge operations while the Coast Guard evaluates documentation received for a request to permanently change the operating regulation. This temporary interim rule will be in place until May 31, 2025.

🚆FRA Approves Test Program for Zero-Emission Rail Vehicles

FRA is issuing this notice to approve a petition from Georgia Central Railway, L.P. (GC) and Heart of Georgia Railroad, Inc. (HOG) (collectively, Petitioners), subsidiaries of Genesee and Wyoming (G&W), for a Test Program designed to test self-propelled, zero-emission, battery-electric rail vehicles and their associated computer and telemetry technology systems, and to evaluate the effectiveness of the system and new operational approaches to rail vehicle technology in the short-haul movement of containers. The approval grants limited, temporary suspension of certain FRA rules necessary to facilitate the conduct of the Test Program, including an exemption for certain safety appliance laws (collectively, Impacted FRA Safety Standards).

📜Notice on Waybill Data Release Request by Surface Transportation Board

🚂Analysis of Railroad Cost of Capital Regulations for 2024

The Board is instituting a proceeding to determine the railroad industry's cost of capital for 2024. The decision solicits comments on the following issues: the railroads' 2024 current cost of debt capital, the railroads' 2024 current cost of preferred equity capital (if any), the railroads' 2024 cost of common equity capital, and the 2024 capital structure mix of the railroad industry on a market value basis.