FOR RELEASE
Contact:
Janie Sheng (202) 245-0221
02/01/2007 (Thursday)
No. 07-08
FedRelay 1 (800) 877-8339
www.stb.gov
SURFACE TRANSPORTATION BOARD ANNOUNCES MEDIATED SETTLEMENT IN SMALL RAIL RATE-COMPLAINT CASE
Surface Transportation Board Chairman Charles D. Nottingham announced today that a mediated settlement has been reached in a case filed under the Board's small rate-complaint procedures. As a result, the shipper has requested that its complaint be dismissed.
In announcing the settlement, Chairman Nottingham said:
"This settlement demonstrates that the STB can help resolve rail rate disputes in a matter of weeks
--
not months and years
--
and at a reasonable cost to the parties. I commend the parties and the STB staff mediators for their efforts to quickly resolve this matter. The STB will continue to promote mediation as an alternative to more formal and expensive dispute resolution."
The letter requesting dismissal of the case is available for viewing and downloading on the Board's website at
http://www.stb.dot.gov
. It was filed in the complaint case entitled
Williams Olefins, LLC v. Grand Trunk Corporation
, STB Docket No. 42098, and may be accessed by
clicking this link:
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