An increasingly technological freight rail industry is innovating to improve safety and efficiency.
Through private investment in future-focused solutions, the rail sector continues to set new safety benchmarks, including increasing employee safety and decreasing train accident rates and overall fatalities. Ensuring continued progress requires sensible operational regulations that do not impede industry transformation and innovation.
Freight Rail Policy Stance
In the 21st Century, freight railroads require a modernized approach to federal regulations that allows them to innovate with new technologies and processes for an even safer and more efficient rail network. The current regulatory approach is largely prescriptive and does not easily allow for the incorporation of the best technologies to improve safety and performance. Policymakers should embrace performance-based regulations that hold railroads accountable for safety performance while also enabling and incentivizing railroads to develop safer, more efficient practices and technology.