New US rule may boost competition for railroad shipments | Money
Companies with plants and factories that are only served by one railroad may soon be able to get a bid from another railroad if their current service is bad enough. That change would happen under a new rule that was proposed to help boost competition. The U.S. Surface Transportation Board announced the long-awaited rule to provide some relief to shippers that only have a connection to one of the six giant freight railroads that deliver the vast majority of goods across North America.