(Source: Railway Age, August 23, 2019)
NEW YORK — If you think a currently under way Surface Transportation Board (STB) search for outside experts to rehabilitate and modernize the 30-year-old Uniform Rail Costing System (URCS) is not of significant importance to railroads and their customers, then think again, and stay focused. URCS is a core component of a gatekeeping function that determines which rail shippers are eligible to pursue relief from alleged unreasonable rail rates, and how much relief they might later obtain if those rates are found unreasonable.
Full story: Railway Age