The Biden Administration’s recent executive order designed to boost competition across the economy has served to highlight the fact that this administration and Congress do not appear to be fans of freight rail. In the last six months they have tried to roll back innovations designed to improve productivity, re-regulate prices, and scuttle even minor acquisitions.
The net result of the government’s nonsensical assault on freight rail--if they ultimately achieve their intended goal--will be reduced rail competitiveness and more goods shipped via trucks, which would increase road congestion, greenhouse gas emissions, and shipping costs.
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