January 29, 2020—Mike O’Malley, President of the Railway Supply Institute (RSI), released the following statement regarding today’s signing of the U.S.-Mexico-Canada Agreement (USMCA).
“For over two decades, free trade in North America has helped RSI member companies integrate their supply chains to maximize efficiencies, costs, and access to resources while creating a highly efficient rail network. Today’s historic signing will ensure that the substantial benefits associated with this integrated marketplace are preserved and help sustain over 125,000 jobs and $74 billion in annual GDP that the rail supply industry produces.”
About the Railway Supply Institute (RSI)
The Railway Supply Institute (RSI) is a trade association representing more than 160 companies involved in the manufacture of products and services in the freight car, tank car, locomotive, maintenance-of-way, communications and signaling, and passenger rail industries. RSI connects members to their customers and partners, supports the improvement of the industry, assists members in the global marketplace, and represents the industry during the regulatory and legislative process. For more information visit www.rsiweb.org, follow RSI on Twitter and join the RSI LinkedIn group.