Staggers Act

Railroads that are revenue adequate and earn their cost of capital should not be punished by capping their shipping rates, which would discourage the substantial and mostly private investment in…
Testifying at a  July 22, 2015 Surface Transportation Board hearing on railroad revenue adequacy, the Association of American Railroads, executives from its member railroads and economic experts urged federal regulators…
For more than three decades, railroad regulators have used the same method to determine which shippers are captive; and, if so, to determine a remedy to limit railroad market power…
Poor Mr. Dooley—Calvin, that is, president of the American Chemistry Council and not the fictional Mr. Dooley created during the late 19th century by humorist Finley Peter Dunne. The latter…
Freedom from excessive regulation helped transform the freight railroads into the most cost effective of all transportation modes. There’s no reason to change that.
Over the years I have been led to believe that there are only two places where one can find a complete set of Railway Age and all its antecedent publications and…
A recurring and intractable thread tying together railroad history is that when the choice has been between economic liberty and government intrusion, selecting the latter has repetitively discouraged capital investment,…
Congress, collectively, has “forgotten” the dark days of rail regulation and its own move to address it. That’s a threat to rail’s long-term viability.