STB Gains New Powers, But Docket Woes To Stay The Same
Law360, New York (January 12, 2016, 7:47 PM EST) -- The investigative powers and greater independence that Congress bestowed on the nation's freight rail regulator last month may help expedite decisions on major matters, but attorneys shouldn't expect the Surface Transportation Board's notoriously gridlocked docket to ease up anytime soon, experts say.
Congress in December reauthorized the STB, the federal regulatory body responsible for economic oversight of the nation's freight rail system, for the first time since the board's creation in 1996. But it also reshaped the makeup of the board and gave it new powers to initiate investigations into matters other than just rate spats.
While the moves are intended...
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