The Senate Judiciary Committee Wednesday reported a bill aimed at eliminating the railroads' limited antitrust exemption. The Association of American Railroads said the effort "could alter economic oversight of the railroads."
U.S. railroads reported that freight volume during the week ended Feb. 14 was once again down in comparison with last year, according to the Association of American Railroads. Carload freight fell 12.2% from the level achieved in the comparable week of 2008, though AAR noted carload volume for the week reached its highest level so far in 2009 and was up 6.2% from the previous week ended February 7.
Freight traffic on U.S. railroads during the week ended February 7 was off again in comparison with last year, although “up slightly” from the previous week ending Jan. 31, according to the Association of American Railroads. Total volume of 28.2 billion ton-miles was 15.1% lower than the comparable week in 2008.