EnviroTech :: Regulatory
Rail Shippers Seek ‘Reliable’ Service
11:12 AM MDT | July 27, 2007 | Chemical Week Editorial Staff
ACC says that both rail capacity and competition should be considered by the Surface Transportation Board (STB; Washington), which held a hearing last week to address rail infrastructure concerns. “While railroads are earning record profits, rail customers across the country are not receiving reliable rail service at reasonable rates,” ACC say. Rail freight volume is expected to grow 70% by 2020, says the Association of American Railroads (AAR; Washington). Major freight railroads plan to increase spending by 9%, to $9.4 billion, for track and...
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