Friday, March 13, 2009

NS video describes the perils of unbalanced regulation

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The images are stark and disturbing: Freight cars rocking and rolling down a rickety right-of-way. Derailed equipment. Loose rail joints. Soggy, cracked ties.

 

t2200.jpgIt was the 1970s, when, as the narrator describes it, “Railroads were a mess.” The video goes on to describe how a century of unbalanced regulation reached the crisis stage just prior to 1980, when the Staggers Act created balanced regulation, and led to a renaissance.

“Regs that Work” is a compelling video produced by Norfolk Southern and posted on the Community section of the NS website. It explains, with simple language and dramatic images, how far the industry has come since Staggers, and what will happen if re-regulation and antitrust legislation is passed in Congress. “Some things we just don’t need to revisit,” the narrator says.

Click HERE to see the video.