Let's start with the biggest issue on the horizon: the proposed merger of Union Pacific and Norfolk Southern. Yes, the ultimate decision is about a year away. But sides are lining up for and against, and right now, the Surface Transportation Board, which is colloquially known as STB -- the railroads' economic regulator -- is considering the details of how the rules governing that decision will be applied.
Board member Robert E. Primus said on LinkedIn that he received an email from the White House Wednesday night terminating the position he has held since he was appointed by Trump in his first term. The vacancy would allow Trump to appoint two additional Republicans to the board before its decision on the Union Pacific- Norfolk Southern merger though the Senate would have to confirm them.