The U.S. Surface Transportation Board has increased its civil penalties by 1.6 percent to take into account inflation.
The fines are imposed for such things as improper handling or routing of traffic, joint use of facilities, and embargoes.
A carrier who knowingly violates an STB order will now be assessed $7,635 per day, up from $7,512 in 2016.
The STB has authority to levy penalties of $763 per day after 30 days if it “cannot transport the traffic offered to it in a manner that properly serves the public.”
Tags: regulation, regulatory agencies, STB, STB penalities, Surface Transportation Board, U.S. Surface Transportation Board
Leave a Reply