FOR RELEASE
Contact:
Janie Sheng (202) 245-0221
07/30/2009 (Thursday)
Eric Weiss
No. 09-24
FedRelay 1 (800) 877-8339
www.stb.gov
THE SURFACE TRANSPORTATION BOARD WILL UPDATE COMPETITIVENESS REPORT WITH LATEST ECONOMIC DATA
The Surface Transportation Board today announced that Christensen Associates, a Wisconsin-based economic consulting firm, will update its report on the state of rail-industry competition.
The original report,
A Study of Competition in the U.S. Freight Railroad Industry and Analysis of Proposals that Might Enhance Competition
, released last November, was completed before data from 2007 and 2008 were available.
Christensen was chosen by the Board in September 2007 to provide a comprehensive analysis of a wide range of issues in the freight rail industry, including competition, capacity, and the interplay between the two. In addition to incorporating the latest economic data, the update will also make some technical corrections to the report.
The update, which will cost the Board $125,000, will be delivered in Fall 2009.
###