US Chemical Industry Calls for Review of Railroad Merger
The ACC Chairman expressed concerns that railroad consolidation would exacerbate the industry's challenges. He urged regulators to carefully assess the potential impact, particularly regarding rising freight rates. The ACC plans to launch an advocacy campaign to promote fair and equitable regulation, focusing on preventing unfair price increases and ensuring competitive transportation costs for the chemical industry. The organization believes a thorough review is crucial to safeguard the industry's future and prevent further economic strain due to increased transportation expenses.
