NEWARK, N.J., Jan. 24, 2011 /PRNewswire/ -- Regulatory agencies across the transportation spectrum are stepping up their oversight efforts this year, proposing swift changes with far-reaching impacts that will reverberate through the supply chain.
The Journal of Commerce reports in this week's Cover Story that with the changed legislative landscape in Congress, several battles to change the landscape of transportation regulation are shifting to federal agencies, where new rules would affect business from highways to railroads to shipping. Written by Washington reporter John D. Boyd, with contributions from William B. Cassidy and R.G. Edmonson, this feature examines the political dynamics behind regulatory shifts and the ramifications for an industry in the midst of recovery.
Leading the charge toward more activist regulation and extension of agency oversight is the Surface Transportation Board, which levied an unprecedented $250,000 fine on Canadian National Roadway in December and is taking on rail competition discussions with a hearing in May. This aggressive stance is matched by recent proposals from the Federal Maritime Commission, Federal Motor Carrier Safety Administration and increased air cargo security concerns, but, in addition to carrier opposition, these bold moves face heated internal dispute within each organization.
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SOURCE The Journal of Commerce