Surface Transportation Board (STB)

The Surface Transportation Board (STB) is an independent U.S. federal agency responsible for regulating and overseeing the nation's freight railroads and certain aspects of transportation. Established in 1996, its main roles include resolving disputes between railroads and their customers, reviewing mergers and acquisitions, and ensuring fair rates for transportation services. The STB aims to promote a balanced and competitive freight transportation system, which is crucial for the economy. Essentially, it helps ensure that the rail industry operates fairly and efficiently, benefiting both businesses and consumers.