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5/16/2003



Rail News: Rail Industry Trends

Morgan's STB tenure comes to a close


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Staying more than a month longer than initially planned, Linda Morgan resigned from the Surface Transportation Board May 17. In late February, she announced plans to resign April 8 — about nine months prior to her term's expiration.


"I can speak for everyone here at the board when I say that we will all
miss Commissioner Morgan, and that all of us in the transportation industry
owe her a tremendous debt of gratitude for the work she has accomplished
here over the past nine years," said STB Chairman Roger Nober in a prepared statement. "She has been a tremendous colleague and mentor to me during my past six months at the board, and I will miss her intelligence, expertise and judgment."


Chairman of STB and predecessor Interstate Commerce Commission between March 1995 and November 2002, Morgan presided over the Union Pacific Railroad-Southern Pacific Railroad merger in 1996, and Conrail split between CSX Transportation and Norfolk Southern Railway in 1999.


In June 2001, she helped establish new merger rules designed to increase the burden on applicants to demonstrate that a proposed transaction would serve the public interest.


Prior to joining the ICC in 1994, Morgan served for 15 years in various positions with the Senate Committee on Commerce, Science, and Transportation, where she played a role in developing legislation that established the framework for today's surface-transportation system. She also served as an associate for two years for Washington, D.C., law firm Welch & Morgan.


The Bush Administration likely will soon nominate Morgan's successor, who will need Senate confirmation to join the board.