Proposal could 'smother' freight rail growth

May 21, 2014

railyard, train yard; trainsThe freight rail industry faces a new tide of regulation that threatens what has been a remarkable industry comeback over the last three decades, from the depths of bankruptcy to one of the strongest industry sectors in the U.S. economy.

To put a finer point on it, the U.S. industry that the National Academies of Engineering called “the envy of the world” is under threat from U.S. regulators weighing a proposal that would smother freight rail growth and have a cascading impact on freight rail’s ability to deliver goods and products.

Read the complete story at Forbes.