What To Watch As The Surface Transportation Board Staffs Up
As President Trump's nominees for the Surface Transportation Board (STB) await Senate confirmation, industry observers stand by to see how the rail regulator will address tackle rules and issues. Senior Policy Advisor Paul Hitchcock shares his knowledge in an article by Law360, focusing on the long-anticipated new rules that will hopefully fix rate and service disputes and address revenue adequacy.
"The STB is, in a sense, at a crossroads right now," says Mr. Hitchcock. "It has two pending proceedings that were initiated under the prior leadership, either of which would be a major re-regulatory turnabout that would have serious implications for the rail industry."