ILTA Comments on Precision Scheduled Railroading (PSR) Concerns Draw Interest from General Accounting Office
ILTA’s December comments on PSR and First Mile/Last Mile concerns submitted to the Surface Transportation Board have drawn interest from the General Accountability Office (GAO).
ILTA Board Vice Chairman Pratt Summers (Vice President, Operations Colonial Group, Inc.) and Board member Josh Etzel (Vice President Operations – Northern Area, Kinder Morgan Energy Partners) along with ILTA staff participated in a video conference with the GAO officials charged to research the issue and develop the report. Mr. Summers and Mr. Etzel both emphasized the importance of enhanced transparency in railroad charges made to terminals and to shippers. They also offered examples of costs that had been shifted from the railroad to terminals without rate reductions.
GAO was directed by the leadership of the House Committee on Transportation and Infrastructure (T&I) to investigate concerns from the shipping community related to declining service and higher costs experienced since the adoption of PSR practices by railroads.
GAO, often called the "congressional watchdog,” is an independent, non-partisan agency that works for Congress. GAO examines how taxpayer dollars are spent and provides Congress and federal agencies with objective, non-partisan, fact-based information to help the government save money and work more efficiently. GAO reports are often used to develop legislation or to guide further oversight of government agencies.