SURFACE TRANSPORTATION BOARD ANNOUNCES PUBLIC MEETING TO DISCUSS STUDY OF COMPETITION IN THE FREIGHT-RAIL INDUSTRY

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>From the Surface Transportation Board, Washington, D.C.
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The Surface Transportation Board announced today that it will hold a public
meeting on Thursday, November 6, 2008 to discuss the independent study by
Christensen Associates assessing the current state of competition in the
freight railroad industry in the United States.  The Board also announced
that the Christensen study will be released to the public, via the Board's
website at www.stb.dot.gov, prior to the public meeting.



                                The November 6, 2008 public meeting will
                                begin at 10:00 a.m. in the Board's Hearing
                                Room on the 1st Floor of the agency's
                                headquarters at Patriots Plaza, 395 E
                                Street, S.W., Washington, D.C.  At the
                                meeting, the Board will discuss the study's
                                findings with Christensen researchers.  The
                                public is invited to attend the meeting but
                                will not be permitted to testify.



                                The study was undertaken pursuant to a
                                contract the Board awarded to Christensen
                                in September 2007.  Christensen, a Madison,
                                Wisconsin-headquartered economic and
                                engineering consulting firm with extensive
                                experience analyzing the transportation
                                sector and other markets, was engaged to
                                focus on providing a comprehensive analysis
                                of a wide range of issues in the freight
                                rail industry including competition,
                                capacity, and the interplay between the
                                two.  The study also is expected to examine
                                various regulatory policy alternatives.  In
                                addition to its quantitative research,
                                Christensen conducted detailed, qualitative
                                interviews with many key industry
                                stakeholders.


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