STB Proposes Rules For Investigating Railroads On Its Own

Law360, New York (May 16, 2016, 3:34 PM EDT) -- The Surface Transportation Board on Monday proposed a new process for initiating investigations into railroads for major service disruptions and other issues, drafting rules to use the broadened authority it was given last year when Congress reauthorized the rail regulator.

The STB, the federal regulatory body that oversees railroad rates, mergers, line acquisitions, new rail-line construction, line abandonment and other rail matters, issued a notice of proposed rulemaking carving out a three-stage process for how it will launch investigations into railroads on issues considered to be of national or regional significance. For example, such issues could include service disruptions in and...

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