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Article: SURFACE TRANSPORTATION BOARD SIMPLIFIES THE RAIL RATE DISPUTE RESOLUTION PROCESS FOR SMALL AND MEDIUM SIZE SHIPMENTS
- Article from:
- US Fed News Service, Including US State News
- Article date:
- September 5, 2007
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The U.S. Department of Transportation's Surface Transportation Board issued the following press release:
The Surface Transportation Board (Board) today issued a final decision creating new procedures designed to ensure that small and medium-sized freight rail rate disputes can be resolved in a simplified, expedited and affordable manner.
The Board's decision allows freight rail customers with small shipments to obtain an award of up to $1 million in relief within eight months of filing a complaint. The filing fee for this simplified "Three Benchmark" process is $150. The Board's decision also creates a separate new rate dispute resolution process aimed at rate disputes involving mid-sized ...