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Small Roads, Ports Outline Infrastructure Investment, Policy Priorities


Small Roads, Ports Outline Infrastructure Investment, Policy Priorities
Small Roads, Ports Outline Infrastructure Investment, Policy Priorities
Written by
Marybeth Luczak, Executive Editor
American Short Line and Regional Railroad Association (ASLRRA) President Chuck Baker and American Association of Port Authorities (AAPA) President and CEO Chris Connor offered supply chain investment and policy recommendations during a hearing this week of the U.S. Senate Committee on Commerce, Science, & Transportation, Subcommittee on Surface Transportation, Maritime, Freight, and Ports.
Chuck Baker, ASLRRA
In his testimony, ASLRRA’s Baker highlighted the industry’s contributions to the U.S. supply chain, and made four key legislative policy recommendations that could “create more leverage toward meeting economic and environmental goals as part of a surface transportation or infrastructure bill in the 117th Congres ....

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U.S. Senators Eye RRIF Program Improvements


March 01, 2021
U.S. Senators Eye RRIF Program Improvements
Written by
Marybeth Luczak, Executive Editor
Sens. John Thune (R-S.D.) and Maggie Hassan’s (D-N.H.) bipartisan legislation would build on the U.S. Department of Transportation’s Railroad Rehabilitation and Improvement Financing (RRIF) Express program and make it more viable for short lines.
Sens. John Thune (R-S.D.) and Maggie Hassan (D-N.H.) have reintroduced the Railroad Rehabilitation and Financing Innovation Act to provide dedicated funding for RRIF financing costs, streamline the application process, and extend loan terms for certain assets.
• Establishing an expedited credit review process for loans that meet certain financial and operational criteria. ....

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