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At present, Congress is considering legislation that could create a fairer and more competitive market for transport through rail. Since the bill has only Democratic members, its fate during January’s fresh Congress is in doubt. The issue of predatory and inefficient pricing is still a major issue in the lawful aspect of railroad shipping. Numerous industry associations in manufacture, agricultural, chemical transportation, forest and paper , as well as different railway unions are in support of the laws.
Other issues related to legal and regulatory that arise in rail freight include:
Dissimilar Legal Systems Shipping agreements should be able to cover the laws and regulations for every state by which the goods travel. The agreements and their parties must anticipate everything from a company’s structure and corporate structure, to its shipping practices. Shipping logistics are difficult to manage the various regulations and paperwork as the task increases exponentially as the size and the complexity of a shipping. It is necessary to develop some system (software is available now) that will ensure all forms is properly signed and maintained for each delivery. These systems, or personnel with the expertise to handle the logistics of rail transportation assist in addressing some of the legal challenges. Cybersecurity-related data breaches could endanger an entire shipment and put the cargo at risk to theft or other concerns. The shippers also have to deal with the consequences of such breaches under privacy laws for each country in which their shipment is subject. An effective cybersecurity plan is among the main legal requirements when shipping rail freight. Unprepared paperwork – Poorly written or incorrect paperwork can create massive legal liability. In order to ensure that there aren’t irrelevant documents, compliance, and legal personnel in the company should be aware of every paper.