Scrap industry mulls rail exemptions challenge
Feb 05, 2013 | 02:32 PM
| Nathan Laliberte
NEW YORK Scrap companies that ship large volumes of material by rail could step up efforts to encourage Congress to remove a set of regulatory exemptions that benefit the railways but that some allege might be doing more harm than good to the scrap industry.
The exceptions, dating back to several deregulation efforts by Congress in the 1970s and 1980s, were intended at the time to help railroads better compete with the trucking industry, sources said. These efforts, which included the Railroad Revitalization and Regulatory Reform Act of 1976 and the Staggers Rail Act of 1980, effectively reduced the power of the Interstate Commerce Commission, which was terminated in 1995, and gave railroads more flexibility to freely establish pricing and service arrangements with shippers.....
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