NEWS
Hearing on Railroad Revenue Adequacy
Mary Kennedy DTN Basis Analyst
Mon Jul 27, 2015 02:01 PM CDT

MINNEAPOLIS, Minn. (DTN) -- Testimony presented during a hearing last week on whether railroads should be able to continue to differentially price rail service to captive shippers once they reach revenue-adequate status showed a wide divide between railroads and shipper groups on the issue.

The hearing was conducted July 22-23 by the federal Surface Transportation Board. DTN listened to the hearing online.

Newly reinstated Surface Transportation Board Chairman, Dan Elliot, opened the two-day public hearing by stating, "We are in the midst of a rail renaissance." In his opening remarks, Elliot said that the railroad industry carries a "vast range ...

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