STB's decision on coal rail rates "deeply troubling" to AAR

03/21/2013 | RailwayAge.com

The Surface Transportation Board earlier this week denied a request from AAR asking the board to "consider reintroducing indirect competition as a factor in determining the reasonableness of rail rates for coal transportation." Edward Hamberger, CEO and president of AAR, said, "We simply do not understand how the STB can refuse to acknowledge that the way Americans are getting their electricity is changing. The electric generating marketplace is undergoing a powerful transformation that the STB decision doesn’t take into account."

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