InsideSources hosted an important Capitol Hill policy luncheon on the economic impact of freight rail investments on Wednesday.
This bipartisan event, sponsored by the Association of American Railroads, was keynoted by Senator Deb Fischer of Nebraska. (Sen. Cory Booker of New Jersey was unable to attend due to last-minute action on the Senate Floor).
These remarks were preceded by a discussion with leading economists and experts on freight rail policy and economics. Moderated by AAR President and CEO Edward R. Hamberger, the panelists offered insight on the correlation between public policy, railroad investments and U.S. economic prowess – a key point in the AAR’s second-ever “State of the Industry Report,” released earlier in the week.
Panelists include:
Bruce Sellers, The Okonite Company
Clifford Winston, Brookings Institution
Raquel Frye, Towson University
Robert Puentes, Eno Transportation Center
@InsideSourcesDC live tweeted the event…
Great turnout for @InsideSourcesDC @AAR_FreightRail event on Capitol Hill pic.twitter.com/Zq6w9RreqB
— InsideSources (@InsideSourcesDC) June 15, 2016
.@AAR_FreightRail: The freight rail industry creates jobs and grows the economy pic.twitter.com/Z23cbCOhOV
— InsideSources (@InsideSourcesDC) June 15, 2016
The freight rail industry contributes $274 billion in economic output, according to a study from @AAR_FreightRail. pic.twitter.com/3AehYcyrTu
— InsideSources (@InsideSourcesDC) June 15, 2016
One job in the freight rail industry supports nine others touched by the industry, finds @AAR_FreightRail study.
— InsideSources (@InsideSourcesDC) June 15, 2016
The freight rail industry contributed $21 billion in federal taxes in 2014, finds @AAR_FreightRail report.
— InsideSources (@InsideSourcesDC) June 15, 2016
Could autonomous vehicles for railroads be on the way in the near future? pic.twitter.com/XCPasZAXIw
— InsideSources (@InsideSourcesDC) June 15, 2016
Freight rail can move one ton of freight 473 miles on only one gallon of fuel. @AAR_FreightRail pic.twitter.com/wx9uqP7T7p
— InsideSources (@InsideSourcesDC) June 15, 2016
.@SenatorFischer says the US has the finest rail transportation system in the world. @AAR_FreightRail pic.twitter.com/xdTFfxbRi8
— InsideSources (@InsideSourcesDC) June 15, 2016