Washington, DC (February 14, 2023) – Today, U.S. Representatives Darin LaHood (R-IL-18) and Brad Schneider (D-IL-10) formally announced the reintroduction of the Freight RAILCAR Act of 2023 to encourage investment and advance environmental sustainability in the $6.5 billion freight rail industry.
RSI President Patty Long released the following statement in support of the legislation.
“Railway supply is at the heart of safe, efficient and sustainable movement of people and products in the United States. For this reason, RSI strongly supports legislation that will offer tax credits encouraging the adoption of new, more efficient and environmentally friendly freight railcars,” said Long.
The Freight RAILCAR Act of 2023 is a bipartisan bill that supports and protects American manufacturing jobs, invests in modern and efficient railcars and reduces the sector’s already low carbon footprint.
“RSI thanks Representatives LaHood and Schneider for leading this charge and all other co-sponsors for their support. We urge Congress to pass this important bill,” added Long.
About the Railway Supply Institute (RSI)
The Railway Supply Institute (RSI) is the largest and only trade association that represents the full supply chain for the railroad system. RSI acts on behalf of the smallest to the largest suppliers to North American freight and passenger railroads. Industry segments include the mechanical, rolling stock, communications and signaling, maintenance of way, and passenger industries. For more information visit www.rsiweb.org, follow RSI on Twitter and LinkedIn