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STB Proposes Changes to Rail Shipping Regulations

12:46 PM MDT | July 26, 2012 | Kara Sissell

The U.S. Surface Transportation Board (STB; Washington) has proposed measures aimed at protecting captive shippers from unreasonable rail rates, including changes to the way it resolves rate disputes. STB also says it is taking steps to consider a proposal by the National Industrial Transportation League to increase rail-to-rail competition. The chemical industry has for years argued that the lack of competition in the U.S. rail shipping sector, as well as regulatory roadblocks related to chemical shippers ability to lobby for competitive pricing, have made...

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