ATTORNEYS
RII has provided Expert Witness services for over 100 cases nationwide.
- RII serves as Expert Witness for numerous cases involving rail operations and business, safety and rules, regulations and liabilities and assessing damages for business loss, property and equipment
- RII assists with valuations of all types, including estate planning, stock type valuations, easements, condemnation and rail asset disposition
- RII has assisted numerous attorneys with regulatory filings, traffic analysis and other federal agencies
- RII provides assistance with contract negotiation and development of contracts that meet the needs of all parties – achieving equitable balance
- RII can provide advisory assistance, as well as research, analysis and reports as needed to support the unique situation
- To see projects related to Expert Witness Services, please see our Expert Witness page
PROJECTS COMPLETED
PROVEN TRACK RECORD OF EXCELLENCE
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Lakeview Railway Contract Liability & Loss of Business Case
RII was tasked with developing the loss of business damages for this case of contract breach for a short line railroad that had been replaced before its contract had expired. The assignment required vetting traffic on the line, including prospective business for likelihood, roll out schedule and traffic volumes. All commodities were researched for their industry growth factors and RII developed the existing, potential and expected growth of railroad traffic and revenue for the railroad for the remaining years of the contract. RII’s revenue projections were essential in settling the case for the maximum insurance payout for the Client from the liable County railroad owner.
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Rate Regulation Cases before STB
RII was involved as one of the experts for 4 rail rate cases brought before the United States Surface Transportation Board (STB). The cases were filed on behalf of 3 shippers: Dupont, Sunbelt Chlor-Alkali, Seminole Electric and Total Chemicals, charging several Class I railroads with charging excessive rates that were regulated by the STB at the time. Shippers had to develop complete stand-alone operations for these Class I railroads for handling their traffic to prove that railroads were charging higher revenue to cost ratios than allowed. RII’s assignments involved costing unit train movements, examining operational costs, carloads and traffic volumes, developing optimum operations, necessary staffing and related personnel and administrative costs for each operation.