From Argus Media; April 29, 2019
A federal task force has proposed major changes to the way US regulators assess railroad rates, potentially making it easier for shippers to challenge them.
The Surface Transportation Board’s (STB) Rate Reform Task Force today issued multiple recommendations for changes to agency’s rate review methodologies and processes. STB chairman Ann Begeman formed the panel in January 2018 to suggest improvements to the existing rate review processes. The board has different methods to handle large and small rate cases.