Railroad Regulation
Railroad regulation refers to the set of laws and guidelines that govern the operation of railroads. These regulations are designed to ensure safety, efficiency, and fair competition within the railroad industry. Agencies like the Federal Railroad Administration (FRA) in the United States oversee compliance with these rules, which cover aspects such as train operations, track maintenance, and employee safety.
The primary goal of railroad regulation is to protect the public interest while promoting a reliable transportation system. Regulations also address issues like pricing, service quality, and environmental impact, ensuring that railroads operate in a manner that benefits both consumers and the economy.