December 20, 2014

Cargo rates trigger shipper backlash at railroads

railyard, train yard; trainsAfter CSX Corp. (CSX) raised rates for shipping specialty gas by 41 percent over three years, Diversified CPC International Inc. had to shutter a production line near Chicago.

The buyer of a custom-ordered Diversified gas didn’t want the expense from those freight bills, so it decided to bring the manufacturing in-house.

Read the complete story at Bloomberg News.