Coop to Receive $63 Million in Reparations from Railway
Posted on Nov 23, 2011 in Litigation, Rates | Comments Off on Coop to Receive $63 Million in Reparations from Railway
Arizona Electric Power Cooperative won an estimated $63 million in rate reductions and reparations Tuesday after the US Surface Transportation Board found that BNSF Railway and Union Pacific overcharged the coop for coal shipments. The ruling by the STB, which is the regulatory agency charged with resolving freight railroad disputes, is a rare victory for coops who have watched coal transportation rates nearly double since 2006. To read more about the decision, click here.
