Watco’s Loeb Appointed to Federal Advisory Council

Watco Executive Vice President and Chief Commercial Officer Stefan Loeb is the newest member of the Railroad-Shipper Transportation Advisory Council (RSTAC), a Surface Transportation Board (STB) advisory committee.

STB Chairman Martin Oberman appointed Loeb in December to fill a vacancy on the 15-member council. Loeb holds one of the positions advocating for small railroads.

“Representing Watco on RSTAC is a real honor,” said Loeb. “Interacting with the top industry regulators and customers on the multitude of topics brought forth to the STB puts us in a great position to help move the industry forward to the benefit of our customers and overall industry.”

The STB has economic regulatory oversight of railroads. RSTAC advises the STB as well as the secretary of transportation and Congress on policy matters relating to railroads that are important to small shippers and small railroads.

“Stefan will be outstanding in this role,” said CEO Dan Smith. “His familiarity with our diverse customer base gives him visibility into the various needs, challenges, and service solutions required to provide impactful rail service. He can bring that knowledge into the RSTAC discussions.”

RSTAC meets quarterly, and Loeb attended his first meeting December 7-8 in Washington, D.C.

Watco Executive Chairman Rick Webb is a past RSTAC member.