STB Adopts Demurrage Rule

The U.S. Surface Transportation Board said this week it has adopted a final rail to establish certain minimum information requirements for demurrage bills from Class I railroads.

The  rule regulates billing cycle, shipment, car replacement and credit and debit information.

The minimum-information requirement represents what regulators determined will have the greatest effect on the ability of rail users to review and verify the accuracy of demurrage charges and help to resolve disputes between railroads and their customers.

In a news release the STB said  the rule establishes a machine-readable data requirement to ensure that rail users have the option to access machine-readable data containing the minimum information.

In its decision, the STB reiterated its expectation that all carriers take reasonable action to ensure the accuracy of their invoicing processes and that their demurrage charges are warranted.

The rule will become effective on Oct. 6.

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