New federal rule may help boost competition for railroad shipments ...

The White House has announced $570 million in grants to build new bridges and underpasses at hazardous railroad crossings in 32 states. This comes as the Biden administration aims to improve safety and infrastructure. Additionally, a new rule has been proposed to allow companies that have plants and facilities served by only one railroad to seek bids from another railroad if their current service is inadequate. The goal is to boost competition and provide relief to "captive shippers" who rely on a single freight railroad for goods delivery.

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Frequently Asked Questions

Q: What is the new federal rule about?

A: The new federal rule aims to boost competition for railroad shipments.

Q: How will the new federal rule boost competition?

A: The details on how the new federal rule will boost competition are not specified in the search results or articles.

Q: Has the new federal rule been implemented?

A: The implementation status of the new federal rule is not mentioned in the search results or articles.

Q: How will the new federal rule impact railroad shipments?

A: The impact of the new federal rule on railroad shipments is not mentioned in the search results or articles.

Q: Are there any specific requirements or conditions under the new federal rule?

A: Specific requirements or conditions under the new federal rule are not mentioned in the search results or articles.

Q: Where can I find more information about the new federal rule?

A: Unfortunately, the search results and articles do not provide additional information about the new federal rule.