We use cookies to provide you with a better experience. By continuing to browse the site you are agreeing to our use of cookies in accordance with our Privacy Terms and Cookie Policy
Balanced Reporting. Trusted Insights.
Friday, March 24, 2023
The Surface Transportation Board has finalized a rule adding two procedures for resolving small-scale rate disputes to its toolbox: a voluntary arbitration program and a new measure known as a final offer rate review.
The four largest U.S. railroads are optimistic about their plans to recruit more workers headed into the fall harvest, but Surface Transportation Board Chairman Martin Oberman has expressed concern about how ready the railroads are.
The nation's four largest railroad companies have revealed their plans to address the persistent shipping delays plaguing their networks and all rely on one key ingredient: labor.
The Surface Transportation Board on Monday told four major railroads that their plans for improving shipping delays were inadequate and ordered the companies to provide key information the agency demanded in May.
The Surface Transportation Board, looking to end rail delays that have snarled agricultural shippers, ordered four major railroads on Friday to submit service recovery plans and to temporarily report biweekly on their progress in making improvements.
Major railroads are under attack by the ag industry, which says lack of personnel is hampering shipments and raising costs for companies forced to rely on secondary freight options.