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The Rate Reform Task Force, established in January 2018 to recommend improvements to STB’s existing rate review processes and propose new rate review methodologies “more attuned to the realities of the current transportation world,” reached out to the transportation community through informal meetings with shipper and carrier representatives, as well as academics, practitioners, and other interested parties throughout the U.S. “Through frank conversations with diverse stakeholders, the Task Force developed a greater understanding about the challenges involved with the Board’s existing rate review methodologies, along with changes that could improve them and ideas for new methodologies,” STB noted.
The report makes several key recommendations:
This article first appeared on www.railwayage.com
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