Surface Transportation Board

The Surface Transportation Board (STB) was created by the Interstate Commerce Commission Termination Act of 1995 at the same time the Interstate Commerce Commission was destroyed. The STB was created to replace the ICC, which had been charged with playing to the interests of the trucking industry and being generally useless due to deregulation.

The STB is an economic regulatory agency that Congress created to resolve railroad rate and service disputes and reviewing proposed railroad mergers. The STB is decisionally independent, although it is administratively affiliated with the Department of Transportation.

The STB serves as both an adjudicatory and a regulatory body. The agency has jurisdiction over:

Offices

  • The Office of Economics, Environmental Analysis and Administration houses several functions. In addition to handling administrative matters, such as personnel and budget, this Office also houses two sections: (1) the Section of Environmental Analysis, which is responsible for undertaking environmental reviews of proposed STB actions in accordance with the National Environmental Policy Act and other environmental laws and making environmental recommendations to the STB, and (2) the Section of Economics, which analyzes rate cases, conducts economic and financial analyses of the railroad industry, and audits Class I railroads.

External links


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