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.
Railway Supply Institute
Lee Verhey will take on the Executive Director role for the Railway Supply Institute (RSI) Committee on Tank Cars (CTC), starting May 23. He succeeds RSI CTC Vice Chair John Byrne, who announced earlier this year that he would retire.
Newly released data from the Railway Supply Insitute American Railway Car Institute Committee (ARCI) shows orders and deliveries remaining steady in Q122. The total backlog grew by approximately 7.4%, to 46,208, compared to
The Greenbrier Companies, Inc., received orders for 2,900 new railcars, valued at $345 million, in December and January, the first two months of its second fiscal quarter that began Dec. 1, 2021; this follows first fiscal quarter orders for 6,300 cars.
The Pipeline and Hazardous Materials Safety Administration’s (PHMSA) proposed temporary suspension of its regulations authorizing the transportation of liquefied natural gas by rail have prompted not only the Railway Supply Institute to weigh in, but also the Republican members of the House Transportation and Infrastructure Committee and a coalition of attorneys general from 14 states and Washington, D.C.; all submitted comments on the agency’s Notice of Proposed Rulemaking released late last year.
The Railway Supply Institute (RSI) has appointed Patricia Long as its new President. She assumes her role effective Nov. 29. Long and her family reside in the greater Washington D.C. area; she will operate out of RSI headquarters there.
The Railway Supply Institute (RSI) and the Association of American Railroads (AAR) are marking a milestone: 50 years of the Railroad Tank Car Safety Research & Test Project (Safety Project).
Second-quarter 2021 freight car reporting statistics from the Railway Supply Institute’s (RSI) American Railway Car Institute Committee (ARCI) show sequential boosts in orders, deliveries and backlog since fourth-quarter 2020.
Senate Approves Infrastructure Bill, Which Moves to the House—Where it Could Sit (UPDATED AUGUST 11)
The U.S. Senate on Aug. 9 passed a $1.2 trillion infrastructure bill by a 69-30 count. The legislation now moves on to the House, where it could sit for months.
Railway Supply Institute Board Chair Jack Isselmann on Aug. 3 notified members that the organization is completing a major restructuring that involves a “professional association management company.”