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.
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 by the Railway Supply Institute (RSI) American Railway Car Institute Committee (ARCI) show a 50% increase in fourth-quarter 2021 freight railcar orders, compared to third-quarter 2021. The backlog increased 14%, while deliveries remained relatively flat.
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.
Newly released Railway Supply Institute (RSI) American Railway Car Institute Committee (ARCI) data shows that third-quarter 2021 freight railcar orders declined compared to second-quarter 2021, though they remained higher than first quarter orders reported. Deliveries and backlog, however, increased over the previous quarter.
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.”
The Senate Committee on Commerce, Science, and Transportation has released a bipartisan five-year surface transportation bill authorizing $78 billion for rail, freight, safety and research programs; it is a companion to the Senate Committee on Environment and Public Works’ (EPW) recently advanced, and also bipartisan, $303.5 billion Surface Transportation Reauthorization Act of 2021.