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STB schedules May hearing to review railroads' fuel surcharges

Rail shippers who’re concerned about railroads’ rising fuel surcharges have a chance to speak out next month. On May 11, the Surface Transportation Board (STB) will hold a public hearing in Washington, D.C., to review how railroads calculate and implement fuel surcharges. The hearing is open to shippers, railroads and other interested parties.

“The cost of fuel is a significant component of the operating costs of providing rail service, and railroads can reasonably be expected to devise methods to collect increases in those costs from their shippers,” the STB said in a hearing announcement. “However, the rail shipper community has voiced concerns that recent fuel surcharges collected by railroads are designed to recover amounts over and above increased fuel costs.”

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More News from 3/15/2006