(Source: Freight Waves, December 16, 2019)
CHATTANOOGA, Tenn. — If one thing could be taken away from two days of hearings on railroad rate reform, it was that neither railroads nor their customers will be happy with whatever rule federal regulators propose. That’s because both sides are as dug in as ever on their respective viewpoints, with shippers looking for ways to make challenging rates less costly and less onerous but railroads claiming any change would stunt revenue growth and deter investment.
Full story: Freight Waves