Chemical Week Magazine :: Regulatory
House Panel Takes Up Rail Act
9:21 AM MST | March 3, 2008 | Chemical Week Editorial Staff
U.S. shippers testified last week at a House Judiciary Committee hearing on efforts to pass the Railroad Antitrust Enforcement Act of 2007. The bill would remove rail carriers’ exemption from antitrust laws, which chemical shippers say has allowed railroads to charge extremely high rates for poor service. Railroads do not have to comply with the same antitrust laws that other industries do, which has created “captive” customers for rail carriers, shippers say. The federal Surface Transportation Board (STB; Washington) is charged with monitoring...
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