House approves STB reauthorization bill

House approves STB reauthorization bill

THE House approved the Surface Transportation Board Reauthorization Act of 2015. This action comes after the Senate passed the legislation by unanimous consent in June.

The Surface Transportation Board (STB) is the federal regulatory body responsible for economic oversight of the nation's freight rail system. Run by a three-member, bipartisan board, the agency has regulatory jurisdiction over railroad rates, mergers, line acquisitions, new rail lin

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