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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.​