From
Bloomberg News:
Amtrak Barred From Regulating Freight Railroads on Delays
"The U.S. Court of Appeals in Washington yesterday ruled the taxpayer-supported service is a private company to which Congress improperly gave regulatory power over freight railroads such as Union Pacific Corp. (UNP) and Warren Buffett’s Burlington Northern Santa Fe.
The court threw out a law passed to enforce a requirement, dating to Amtrak’s creation in 1970, that freight trains give priority to passenger trains on tracks they share, which they do in most of the U.S."
Link to complete article: [
www.bloomberg.com]