Should the STB follow the ICC into the history books?

By Staff -- Logistics Management, 1/1/2000

Should the STB follow the ICC into the history books? That question arose during a recent seminar conducted by the AEI-Brookings Joint Center for Regulatory Studies. The seminar last month looked at the state of deregulation in the railroad, airline, electric, and telecommunications industries. Among the presentations was a session by Clifford Winston, a senior fellow at the Brookings Institution, and Professor Curt Grimm of the University of Maryland, who discussed their paper on rail competition, based in part on a survey of National Industrial Transportation League (NITL) members. Their conclusions, as reported by NITL to its members, included the following: The system used by the STB to judge rail rate disputes is ineffective, the board should be abolished, and future rail mergers should be handled by the Justice Department. The paper calls for complete deregulation of rail rates.

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