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 dedicated to advancing safety, innovation, technology, and sustainability within the freight and passenger railway supplier industry, both in North America and global markets. As the voice of the industry, RSI strategically engages in critical and urgent industry matters by leveraging the technical expertise of our members to advocate in the legislative and regulatory arenas, foster education, host impactful events, and facilitate networking opportunities. For more information visit www.rsiweb.org, follow RSI on Twitter and LinkedIn