STB Plans Hearing on Competition

The Surface Transportation Board announced today a public hearing on May 3 to explore the current state of competition in the railroad industry and possible policy initiatives to promote more rail-to-rail competition.

“I said last year that it was time for the Board to revisit the current rail regulatory framework and that is what we are doing,” said Board Chairman Daniel R. Elliott III. “We need to strike a balance between providing access to competitive rail transportation for shippers while maintaining the rail industry’s impressive economic renaissance.”

The hearing will begin at 9:30 a.m., in the Surface Transportation Board Hearing Room,