STB raises penalty amounts for 2019

The Surface Transportation Board, which regulates U.S. domestic transportation providers, has slightly adjusted its penalties upward to reflect annual inflation.

STB raises penalty amounts for 2019

The Surface Transportation Board, which regulates U.S. domestic transportation providers, has slightly adjusted its penalties upward to reflect annual inflation.

STB raises penalty amounts for 2019

The Surface Transportation Board, which regulates U.S. domestic transportation providers, has slightly adjusted its penalties upward to reflect annual inflation.

 
The Surface Transportation Board, which regulates railroads, marine carriers, freight forwarders and brokers, and pipeline carriers in the U.S. domestic trades, has raised its civil penalties for 2019.
    Under the 2015 Federal Civil Penalties Inflation Adjustment Act, federal agencies are obligated to annually adjust their penalty amounts to account for inflation.
    The STB penalty increases over the 2018 amounts range from about $10 to several thousand dollars, depending on the type of violation.
    A complete list of the new penalty amounts may be viewed here.

I’m not going to say the cost of fuel isn’t an issue, but if we have properly accounted for it within contracting it’s really about how you administer it for how it affects your bottom line.

Spot container rates from China/East Asia to the U.S. West Coast stood at $1,531 per FEU as of May 10, up 10.6% year-over-year, while rates from China/East Asia to the U.S. East Coast totaled $2,926 per FEU as of May 10, up 22.2% year-over-year, according to the Freightos Baltic Index.

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STB raises penalty amounts for 2019

The Surface Transportation Board, which regulates U.S. domestic transportation providers, has slightly adjusted its penalties upward to reflect annual inflation.

Dec 31, 2018 on Dec 27, 2018AmericanShipper.com

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STB raises penalty amounts for 2019

The Surface Transportation Board, which regulates U.S. domestic transportation providers, has slightly adjusted its penalties upward to reflect annual inflation.

Dec 31, 2018 on Dec 27, 2018AmericanShipper.com