What is happening: The Surface Transportation Board will start looking into extra railroad fees aimed at shipping customers this year.
Who is involved: The STB will be examining charges put in place by Norfolk Southern Corp, Union Pacific Corp, and other railroads.
Fees: Railroads are imposing additional charges if customers are not ready to load/unload freight, or cause delays to network. This is meant to help the railroads run more efficiently.
Penalties: This comes during a time in which additional fees and penalties are being contested all over the logistics sector.
Walmart: The retail giant was pushed back last year when it sought to charge extra fees to suppliers if they did not meet ‘on time, in full’ policies.
Maritime: Regulators in the maritime sector are also addressing complaints of their own from shippers who claim they are being subjected to unfair additional fees.