THE SURFACE TRANSPORTATION BOARD WILL UPDATE COMPETITIVENESS REPORT WITH LATEST ECONOMIC DATA

[STBNews@xxxxxxxxxxx]

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>From the Surface Transportation Board, Washington, D.C.
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The Surface Transportation Board today announced that Christensen
Associates, a Wisconsin-based economic consulting firm, will update its
report on the state of rail-industry competition.

            The original report, A Study of Competition in the U.S. Freight
            Railroad Industry and Analysis of Proposals that Might Enhance
            Competition, released last November, was completed before data
            from 2007 and 2008 were available.

            Christensen was chosen by the Board in September 2007 to
            provide a comprehensive analysis of a wide range of issues in
            the freight rail industry, including competition, capacity, and
            the interplay between the two. In addition to incorporating the
            latest economic data, the update will also make some technical
            corrections to the report.

            The update, which will cost the Board $125,000, will be
            delivered in Fall 2009.

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