The Firm has been, and is, intimately involved with the many changes engendered by the regulation and deregulation of the transportation and utility industries. Many of these regulatory changes were, and are, highly problematic to both carriers and shippers. Research performed by L. E. Peabody & Associates, Inc. has been instrumental in the formulation of regulatory and legislative rules and statutes and their application to our clients.

L. E. Peabody & Associates, Inc. enjoys an extensive knowledge of the dynamics of regulation both in the federal and state arenas. This depth of knowledge is a distinct advantage in assessing the effects of deregulation and in developing strategies necessary to avoid the harmful effects of deregulation while maximizing the benefits of greater market freedom.

The historical data we have gathered are valuable assets in assisting our clients. Our library includes databases from publicly available sources such as the Surface Transportation Board (and its predecessor, the Interstate Commerce Commission), Energy Information Administration, Federal Energy Regulatory Commission, Securities and Exchange Commission, Postal Rate Commission, Bureau of Labor Statistics and the Federal Reserve Board, as well as extensive databases developed in-house. These databases, used in conjunction with a highly sophisticated and customized computer capability, enable the incisive analysis which has led to substantial benefits in the regulatory arena for the Firm's clients.