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HOME > REPORT 2 > CHAPTER 4 > Balanced Regulations Make This World-Class Network Possible
Proposals to Reregulate Railroads Hurt the American Economy
Proposals under consideration at the U.S. Surface Transportation Board will undercut innovations and investment and echo an earlier era when overzealous government intervention pervaded nearly every aspect of the rail industry.
Smart public policy allows railroads to invest in the rail network and meet the needs of a changing marketplace—today and tomorrow. The market-based approach favored by regulators over the last three decades has allowed the U.S. freight rail industry to earn the necessary revenue to greatly enhance efficiencies and safety, and become widely regarded as the best in the world. That could change if policymakers roll back years of progress by reverting to anti-market approaches of the past.