Thursday, July 30, 2009

STB to update rail competition report

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The Surface Transportation Board will receive an updated report on the state of rail-industry competition this fall. The agency is paying Madison, Wis.-based economic consulting firm Christensen Associates $125,000 to feed data from 2007 and 2008 into a revision of the report, "A Study of Competition in the U.S. Freight Railroad Industry and Analysis of Proposals that Might Enhance Competition," that it released last fall.

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In an announcement Thursday, the STB noted that "Christensen was chosen by the Board in September 2007 to provide a comprehensive analysis of a wide range of issues in the freight rail industry, including competition, capacity, and the interplay between the two. In addition to incorporating the latest economic data, the update will also make some technical corrections to the report."