SURFACE TRANSPORTATION BOARD SEEKS PUBLIC COMMENT ON PROPOSALS REGARDING RAILROAD PRACTICES INVOLVING FUEL SURCHARGES

[Date Prev][Date Next][Thread Prev][Thread Next][Date Index][Thread Index]

 




-----------------------------***-----------------------------
>From the Surface Transportation Board, Washington, D.C.
-----------------------------***-----------------------------

The Surface Transportation Board announced today that it is seeking public
comment on several measures the agency proposes to adopt regarding railroad
practices involving fuel surcharges.  The proposals follow the STB's May
11, 2006 public hearing concerning the manner in which fuel surcharges are
calculated and charged by railroads, and the extensive testimony submitted
to the agency by the rail industry, the public, and railroad customers
regarding those practices.


 Specifically, the STB is proposing that


 A railroad wishing to assess a fuel surcharge would need to develop a
 computation more closely linked to its increased fuel costs attributable
 to that movement;


 Railroads would be prohibited from "double dipping" by charging for the
 same fuel-cost increases for the same shipment both through a fuel
 surcharge and through application of a rate escalator based on an index,
 such as the STB's Railroad Cost Adjustment Factor (RCAF), without first
 subtracting any fuel-cost component from that index;


 Railroads would be required to use a single, uniform index--the Energy
 Information Administration "U.S. No. 2 Diesel Retail Sales by All Sellers
 (Cents per Gallon)"--for measuring fuel-cost increases; and


 Each Class I railroad (the Nation's largest) would submit a monthly report
 to the agency showing the railroad's actual total fuel costs, total fuel
 consumption and total fuel surcharge revenues, as well as how much of its
 total fuel surcharge revenues were shared with its shoreline connections.


 The STB's decision seeking public comment on these proposals was issued
 today in the proceeding entitled Rail Fuel Surcharges, STB Ex Parte No.
 661(
 http://www.stb.dot.gov/decisions/readingroom.nsf/WebDecisionID/37151?OpenDocument
 )
 .  Comments are due on September 25, 2006.  That decision is available for
 viewing and downloading via the agency's Web site at
 http://www.stb.dot.gov.  A printed copy of the agency's decision also is
 available for a fee by contacting ASAP Document Solutions, 9332 Annapolis
 Rd., Suite 103, Langham, MD 20706, telephone (202) 306-4004, or via
 asapdc@xxxxxxxxxxxx



 ###
 -----------------------------***-----------------------------
 If you have received this e-mail in error or wish to unsubscribe from STB
 News, please send an e-mail message to stbnewslistserver@xxxxxxxxxxx and
 place "unsubscribe stbnews" as the body of the message.


[Index of Archives]     [Railroad Photos]     [NTSB]     [FAA]     [NSF]     [USDA]     [Yosemite]     [Steve's Art]     [SB Lupus]     [FDA News]

  Powered by Linux