While new powers in Washington may feel a reflexive need to regulate more – undoing parts of the Trump administration’s policies – rail regulation at the STB should not be part of this agenda. In fact, the past regulatory reforms noted here were all spearheaded as Democratic policies, and they worked. For these reasons, the Surface Transportation Board should reject any major policy change unless there is credible evidence of a market failure. Doing otherwise would come at a dear cost to consumers.
The complete opinion piece was published and is available at the Delaware Valley Journal.