RSI to Congress (Again): ‘Swiftly Pass’ Freight RAILCAR Act (UPDATED)

Written by Marybeth Luczak, Executive Editor
U.S. Rep. Brad Schneider (D-Ill.; pictured, left) has reintroduced the Freight RAILCAR Act, which has 30 co-sponsors, 28 of whom are original, including Rep. Darin LaHood (R-Ill.; pictured, right).

U.S. Rep. Brad Schneider (D-Ill.; pictured, left) has reintroduced the Freight RAILCAR Act, which has 30 co-sponsors, 28 of whom are original, including Rep. Darin LaHood (R-Ill.; pictured, right).

U.S. Rep. Brad Schneider (D-Ill.) has reintroduced bipartisan legislation enabling a tax credit for freight railcar owners purchasing new or refurbishing existing equipment. The Freight RAILCAR Act will “help improve the safety and efficiency of the North American railcar fleet while reducing greenhouse gas emissions and supporting thousands of manufacturing jobs up and down the supply chain across the United States,” according to the Railway Supply Institute (RSI), which is urging Congress to pass it.

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