STB Seeks Nominations for Small-Railroad Representative on RSTAC

The Surface Transportation Board (STB) is seeking nominations to fill a small-railroad representative vacancy on its Railroad-Shipper Transportation Advisory Council (RSTAC), which plays a crucial role in shaping regulatory policies affecting the railroad industry, with the goal of promoting fair competition and better services. The council, comprising representatives from small and large shippers and railroads, advises on regulatory, policy, and legislative matters, and the STB is committed to having a diverse and representative committee. This description focuses on the primary topic of the STB's call for nominations to fill a vacancy on RSTAC, the main entities involved (STB, RSTAC, and railroad industry representatives), the context of regulatory policy-making, and the significance of the council's advisory role. The description also highlights the importance of diversity and representation on the committee, which will guide the AI in generating an accurate and meaningful visual representation of the article's content.

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Bijay Laxmi
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STB Seeks Nominations for Small-Railroad Representative on RSTAC

STB Seeks Nominations for Small-Railroad Representative on RSTAC

The Surface Transportation Board (STB) is seeking nominations to fill a small-railroad representative vacancy on its Railroad-Shipper Transportation Advisory Council (RSTAC) by June 13, 2024. The vacancy exists due to the expiration of the term of Mark Wegner, CEO of Twin Cities & Western Railroad Company and Red River Valley & Western Railroad Company.

Why this matters: The STB's advisory council plays a crucial role in shaping regulatory policies that affect the entire railroad industry, and its decisions have a ripple effect on the economy and commerce. A diverse and representative council ensures that the voices of small shippers and railroads are heard, promoting fair competition and better services.

RSTAC was established by the ICC Termination Act of 1995 and focuses on issues important to small shippers and small railroads, including railcar supply, rates, competition, and procedures for addressing claims. The council has 15 appointed members, comprising representatives of small and large shippers, and small and large railroads, who provide advice on regulatory, policy, and legislative matters to the STB Chairman, Secretary of the U.S. Department of Transportation, and Congressional committees.

To be eligible, candidates must be citizens of the United States and represent the various segments of the railroad and rail shipper industries. They cannot be full-time employees of the U.S. government. Federally registered lobbyists can serve on advisory committees like RSTAC as long as they do so in a representative capacity.

Nominations should be submitted in letter form, identifying the candidate, summarizing their qualifications, and stating their willingness to serve on RSTAC effective immediately upon appointment. The STB Chair is committed to having a committee reflecting diverse communities and viewpoints and "strongly encourages nominations from diverse backgrounds."

RSTAC members serve three-year terms, with a maximum of two consecutive terms. The council meets quarterly at the STB's headquarters in Washington, D.C. Members are not compensated for their services and are required to cover their own expenses, including travel.

In a related development, the STB announced the appointment of Ryan Dreier to RSTAC as a large-railroad representative, succeeding Kari A. Kirchhoefer, whose term expired on March 12. The STB is responsible for regulating the railroad industry in the United States and the RSTAC plays an important advisory role in providing input on issues affecting shippers and railroads.

Key Takeaways

  • STB seeks nominations for small-railroad representative on RSTAC by June 13, 2024.
  • RSTAC advises on regulatory policies affecting the railroad industry and economy.
  • Candidates must be US citizens, represent railroad/shipper industries, and not be government employees.
  • RSTAC members serve 3-year terms, meet quarterly, and cover their own expenses.
  • STB encourages nominations from diverse backgrounds to ensure fair representation.