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Balanced Reporting. Trusted Insights.
Tuesday, April 15, 2025
The rollout has been met with litigation, technology hurdles and the collapse of a high-profile deal, while niche industries like grain and feed providers feel unfairly targeted and will be impacted first.
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.
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.
President Joe Biden is pushing new rail regulations that lower rates for ag shippers, but the railroads say the rules designed to spur competition among major railroads would increase their costs and ultimately backfire on customers.
A major but temporary agricultural disaster program could be in for some revisions. The Wildfire and Hurricane Indemnity Program Plus, or WHIP+, provided assistance to producers for losses in 2018 and 2019.
The Surface Transportation Broad's fresh quorum is advancing a bevy of initiatives that ag shippers hope will spell more fairness in rail rates and fees.
