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The House Committee on Transportation & Infrastructure voted against an amendment to remove a liability insurance increase for motor carriers. Details here.
The House Committee on Transportation & Infrastructure voted against an amendment to remove a liability insurance increase for motor carriers. Details here.
Democrats want look at precision scheduled railroading’s impact
‘Longer trains, unhappy shippers and a workforce pushed to do more with less is not a model to chase after,’ says Rep. Peter DeFazio
0 1,343 3 minutes read A train rolls by a crossing. (Photo: Jim Allen/FreightWaves)
PSR is an operational model that all of the Class I railroads except BNSF (NYSE: BRK.B) have publicly embraced. The model seeks to streamline operations and cut costs. Proponents say PSR enables greater network efficiency, which will help the industry overall compete against trucks. But detractors say PSR is more for the financial benefit of investors and shareholders and less about the improvement of rail service.