Effective February 2, 2020, the Surface Transportation Board (STB) amends regulations related to railbanking negotiations and the amount of time permitted to reach a railbanking agreement. The new regulations extend the initial railbanking negotiation period to one year (from 180-days) and limit the number of one-year extensions to three, with further extensions considered only under “extraordinary circumstances”. 

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File size: 104 KB

Published on 12/04/19

Author: Surface Transportation Board

Collection: Policy

Type: Report


Tags: Railbanking, Acquisition