What conditions govern the arbitrators decision?
The arbitrator must choose either the final offer of the shipper or the final offer of the carrier. The decision will remain in effect for one year, provided the parties did not previously agree on a lesser period. • The rates and/or conditions of the movements contained in the selected offer may be published in a public tariff or included in a confidential contract, as agreed on by the parties. • On the request of the parties within 30 days of the arbitrator’s decision, or 7 days under the summary process, the arbitrator shall provide written reasons. Unless the parties agree otherwise, the arbitrator’s decision is final and binding on the parties and retroactive to the date of the shipper’s initial submission to the Agency. The parties must promptly pay any monies or interest owed as a result of the arbitration.
