
RSI Again Urges Congress to Pass Freight RAILCAR Act
U.S. Rep. Darin LaHood (R-Ill.) has reintroduced the Freight RAILCAR Act. This bipartisan legislation, supported by the Railway Supply Institute (RSI), would provide a “time-limited tax credit” for the purchase of new railcars or modification of existing cars to help offset the costs associated with taking older equipment out of service. Railway Age Financial Editor David Nahass weighs in.