In an environment of record stock prices, mega-mergers and dramatic cost-cutting efforts, the railroads are trying to convince the Surface Transportation Board their balance sheets are too fragile and the Board should change how the financial health of the rail industry is measured. In reality, they’re seeking to
The Rail Customer Coalition recently sent a letter to the head of President-elect Biden’s Transportation Transition Team to share the coalition’s top policy priorities for 2021 and to urge the new administration to support STB reform.
The country’s transportation network is at a tipping point due to
With so many priorities competing for the attention of Congress, it was encouraging to see the U.S. House of Representatives support a much needed study of a key issue plaguing the businesses that depend on freight rail.
As part of the INVEST in America Act that recently cleared the
When it took a proactive approach to addressing excessive and questionable demurrage charges, the Surface Transportation Board (STB) sent a clear message that business as usual was no longer acceptable. As Logistics Management observed, the Board’s new policies will promote greater “transparency, timeliness, and
Argus Rail Business recently sat down with a regulatory expert at the American Chemistry Council to talk about STB reform. The following is a reprint of that interview thanks to the editors at Argus:
The American Chemistry Council (ACC) has been one of the leading voices in calling for enhanced regulatory
THE RAIL CUSTOMER COALITION
The coalition is a large collection of trade associations representing a broad cross section of manufacturing, agricultural, and energy industries with operations and employees throughout the United States, including: