The U.S. Senate recently pointed the way forward for the U.S. Surface Transportation Board (STB) on the issue of ensuring sufficient revenue at freight railroads to pour back into the nation’s infrastructure.
The Surface Transportation Board Reauthorization Act of 2015, which was passed by unanimous consent in June, would provide commonsense process improvements. They would allow the STB to work more efficiently and, at the same time, recognize the need for freight railroads to provide billions of dollars in private spending to build, maintain and grow the nationwide rail network, so taxpayers don’t have to.
In fact, the bill explicitly states that in considering the concept of revenue adequacy, the Board must consider the “infrastructure and investment needed to meet the present and future demand for rail service.”
Read more from Huffington Post.
- SMART launches video news show focused on issues that matter to members
- Ill. governor pledges his support for the Rule of 2
- SMART statement on DOL rule rescinding IRAPs
- Local 556 loses member to alleged drunken driver
- Two-person crew rule’s comment period receives extension
- Registration open for Branson, Mo., TD Regional Training Seminar
- Local 1846 loses member in accident, fundraiser established
- SMART-TD, BLET reach tentative agreement with railroads
- SMART-TD mourns loss of Local 1263 Local Chairperson Richard Keen
- SMART Mechanical Department reaches tentative agreement with the NCCC