Railroads could face more regulation
from Dow Jones Newswires via Fox Business
A surge in freight-rail traffic since 2004, combined with price increases and buoyant earnings reported by railroad operators, have sparked substantial tension between the railroads and big shippers in the chemicals sector and elsewhere, fueling calls for some re-regulation of a sector liberalized in 1980. Now, top U.S. freight railroads have been on the losing end of a pair of recent regulatory and court moves regarding competitive pricing and service levels, raising the specter of renewed constraints.
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