Rail coal transportation under the Staggers Act
The Stagger's Act of 1980 offered railroads the opportunity to accelerate growth along with the coal industry in efforts to increase market for both the product (coal) and the service provided. It provides for cost recovery indexing allowing railroads to stay abreast of inflation and flexibility in setting and changing rates. It also allows railroads to enter directly into contract agreements with shippers. Railroads have used extreme caution in implementing these liberties so that the coal industry would not be severely impacted by these changes. They could have raised rates by as much as 52.3% under the new guidelines, but only raised them by 31.6% in the Eastern market and by 21.3% for export coal. The president of CSX Railroads stresses the symbiotic relationship existing between railroads and the coal industry. He suggests that separate sectors of the coal industry stop pointing fingers at one another and join hands to solve coal's competitive problems in the overseas export market. He calls for the formation of a blue-ribbon panel representing all of the parties with a stake in coal to implement such a cooperative effort. (DMC)
- Research Organization:
- Chessie System, Inc., Cleveland, OH (USA)
- OSTI ID:
- 6191208
- Report Number(s):
- CONF-8404201-3; ON: TI85900890
- Resource Relation:
- Conference: 23. annual Kentucky industrial coal conference, Lexington, KY, USA, 11 Apr 1984
- Country of Publication:
- United States
- Language:
- English
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