Surface transportation (1 - 1 of 1 item) in Past 6 Months
Freight Rail Pricing: Contracts Provide Shippers and Railroads Flexibility, but High Rates Concern Some Shippers
GAO-17-166: Published: Dec 7, 2016. Publicly Released: Dec 7, 2016.
While rail contracts and tariffs are similar, contracts offer the flexibility to customize rates and terms to a specific shipper, according to selected stakeholders GAO interviewed. Both contract and tariff rates are based on market factors, such as competition, according to representatives from the four largest U.S. freight railroads. However, they noted that in developing contract rates, a railr...