Town Hall: Back to the Past for America’s Freight?

As the Administration eyes increasing regulations on the rail industry, it is important for policymakers to understand that prices declined and investments increased in the aftermath of freight rail deregulation that occurred decades ago. With the benefits of regulatory reform in mind and given the significant number of goods that are moved on freight trains every day, increasing regulations would harm a large number of consumers and leave the industry unable to invest and innovate.

This op-ed, published in the Town Hall, calls on policymakers to be keenly aware of the dangers of reimposing burdensome regulations on rail freight in the United States. Rather than taking the United States back to the 1970s, the Biden administration should focus its efforts on making it easier for transportation carriers to operate, not harder.

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