Top 3 legislative issues that will be critical for rail for the next administration:
- New spending on infrastructure. Can rail capture its “Share?” Hopefully, our industry can still get significant federal funding despite the fact that we invest so much in our own infrastructure.
- Labor issues such as mandates on two-man crews. In his prior administration, then VP Biden and President Obama’s team was very friendly to labor from a regulatory perspective. Hopefully, the facts will be allowed to carry the day.
- Tax issues, including both a potential increase in corporate taxes as well as capital gains tax increases that could drive capital away from railroads.