Association of American Railroads (AAR) President and CEO Ian Jefferies released the following statement expressing freight railroads’ disappointment in the House Transportation and Infrastructure Committee approving the deeply flawed INVEST in America Act yesterday. The ill-conceived legislation contains numerous harmful provisions that would hamstring the rail industry for years to come and stand in the way of the industry’s ability to adapt and serve customers and the economy.
“Today, the House Transportation and Infrastructure Committee continued down the unfortunate path of divisive policy rather than choosing common sense, pragmatic solutions to fund the nation’s public infrastructure. Freight railroads are extremely disappointed in the deeply partisan, backward-looking rail title of the bill. If enacted, this legislation would undermine the ongoing modernization of the rail industry through outdated operational restrictions and capacity constraints, weakening the industry’s ability to serve its customers and the economy. This country needs proven, bipartisan solutions for infrastructure, and we will continue to work in earnest toward that goal.”
