The Surface Transportation Board is a division of the U.S. Department of Transportation responsible for overseeing the transportation of goods across the country, with a particular focus on train transportation. Their main objectives include ensuring fair pricing and quality service from companies, as well as managing issues related to company mergers and worker treatment. Additionally, they have some authority over trucking, shipping, buses, and pipelines.
The Surface Transportation Board (STB) is a division of the U.S. Department of Transportation that oversees the regulation of interstate surface transportation, primarily focusing on railroads. Its primary responsibility is economic regulation. The STB has authority over various transportation matters, including railroad rates and services, mergers between railroad companies and related labor issues, rates for trucking and ocean shipping, the structure of intercity bus companies, and pipeline matters not regulated by the Federal Energy Regulatory Commission. For instance, if a railroad company intends to merge with another company, the STB will assess the proposal to ensure compliance with regulations and prevent any negative impact on industry competition. Similarly, if a trucking company seeks to increase its rates, the STB will evaluate the proposal to ensure fairness and prevent undue burden on consumers.
The STB is an independent federal agency responsible for the economic regulation of various modes of surface transportation, primarily railroads.
The STB has the authority to regulate railroad rates, service, and the acquisition, construction, and operation of rail lines.
You can file a complaint with the STB by submitting a formal complaint through their website or by mail.
Yes, the STB can help mediate disputes between shippers and railroad companies.
The process for obtaining STB approval for a new rail line or acquisition involves submitting an application and going through a review process.
The STB primarily focuses on railroad regulation, but they may have some authority over certain trucking and other surface transportation issues.
The STB protects consumers and shippers by ensuring fair and reasonable rates and service from railroad companies.
The STB promotes competition in the railroad industry by reviewing proposed mergers and acquisitions to ensure they do not harm competition.
The STB does not have direct authority over environmental concerns, but they may consider environmental impacts in their decision-making process.
You can stay informed about STB regulations and decisions by visiting their website, signing up for email updates, and following their social media accounts.
This site contains general legal information but does not constitute professional legal advice for your particular situation. Persuing this glossary does not create an attorney-client or legal adviser relationship. If you have specific questions, please consult a qualified attorney licensed in your jurisdiction.
This glossary post was last updated: 17th April 2024.
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