STB
STB to Examine Grain Transport
WASHINGTON – The Surface Transportation Board will hold a Nov. 2 hearing to discuss issues related to the transportation of grain by railroad. On Oct. 6, the United States Government Accountability Office (GAO) released a report on rates, competition, and capacity issues in the American rail freight industry. According to the GAO preliminary report, the amount of grain traffic with comparatively high markups over variable cost increased notably between 1985 and 2004. Although GAO reported that changes that have occurred in the rail industry since the Staggers Rail Act of 1980 are widely viewed as positive – with a healthier
