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STB NEARS DECISION ON RAIL MERGER POLICY

STB NEARS DECISION ON RAIL MERGER POLICY

   The way future railroad mergers will be handled could be decided as early as today.

      Sources say that it's likely the Surface Transportation Board will act quickly, and probably before the Canadian National and Burlington Northern Santa Fe file their merger operating plan with the agency. That filing could come as early as Monday.

   During recent hearings, the board was urged to declare moratorium on future rail mergers.