We write to urge the Board to maintain the balanced underlying economic framework that has been the

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[ 40 Under 40: Brandon Monroe, chief of staff for the chief commercial officer’s office, Coca ]
Brandon Monroe is the chief of staff for the chief commercial officer’s office for Coca-Cola Beverages Florida LLC.

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Letter: 40th Anniversary of the Staggers Rail Act

This year marks the 40th anniversary of the enactment of the Staggers Rail Act. We write to urge the Board to maintain the balanced underlying economic framework that has been the bedrock of your decisions and ensure that no actions you take undermine the ability of freight railroads to reinvest in the rail network.

As you know, the Staggers Act established a visionary approach to regulation that sparked a freight rail renaissance and continues to provide measurable benefits to businesses, consumers, taxpayers and our economy.

This landmark, bipartisan legislation was necessary because decades of rigidly prescriptive federal overregulation had decimated the U.S. freight rail network. Bankruptcies were commonplace, rail rates were rising, safety was deteriorating, and rail infrastructure and equipment were in increasingly poor condition because railroads simply could not earn enough to pay for basic upkeep, let alone innovation and improvements.

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Publisher: Independent Women's Forum
Date: 2020-10-14T17:16:26+00:00
Twitter: @iwf
Reference: Visit Source (Read Article)

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