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
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
The Surface Transportation Board (STB) has proposed long-overdue reforms that will remove regulatory barriers and help promote greater competition within the freight rail industry. Instead of embracing these free market reforms, the railroads are claiming that STB’s proposal for “competitive switching” is unlawful. Competition is the cornerstone of a strong and
Today, the House overwhelmingly passed Senate legislation that will modernize the nation’s freight rail policies and will provide American businesses with greater access to more reliable and competitive freight rail service by making the Surface Transportation Board (STB) work more efficiently. We want to thank Chairman Thune and Ranking Member Nelson
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: