“This decision was made by the board of directors after a careful and comprehensive study of the bill, which was approved by the Senate’s Commerce, Science and Transportation Committee in mid-December. The board’s action endorses the recommendation of the league’s Railroad Transportation Committee, which met last month in Atlanta,” the shippers group said.
NIT League President Bruce Carlton said the bill is “a bipartisan, fair compromise that balances the competitive interests of the nation's railroads and their customers. The NITL wants a strong, healthy rail industry that will move the nation’s commerce efficiently in an enhanced competitive environment for rail customers. This is a major step in that direction.”
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| Carlton |
But executives of major railroads have been critical of the bill. For example, Michael Ward, CSX chairman, said last month the bill is not balanced and “contains dramatic and negative changes and laws that were designed to allow freight rail to be sustained,” adding that it “fundamentally changes the government's approach to freight rail access and pricing by adding requirements at increasing government involvement in the day-to-day operations of trains. That is a recipe for real problems and many requirements are not yet fully defined.”
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| Ward |
' Emphasis on protection of captive shippers.
' Improved shipper access to competing carriers, trackage and terminals.
' Expansion of the STB from three to five members and enhanced staff support.
' Higher caps in small and medium rate cases.
' Overall regulator process improvements.
Randy Brown, chairman of the NIT League’s Railroad Transportation Committee, said the league was determined “to be actively engaged in the legislative process which will enhance the ability of shippers to effectively serve their own facilities and customers when rail service is the only practical option.” ' Chris Dupin
Brokerage Compliance Symposium
The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.
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The night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.
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Industry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.
The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowThe night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowIndustry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.
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