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Rail News: Federal Legislation & Regulation

CAGTC calls for federal investment in freight movement

The Coalition for America's Gateways and Trade Corridors (CAGTC) today kicked off its annual meeting by calling on Congress and the Trump administration to produce a federal infrastructure investment package that features the movement of freight.

CAGTC used its new "Freight Can't Wait" booklet to highlight its point that a large-scale infrastructure package should address the movement of freight across the nation. The booklet features descriptions of 43 freight projects of regional and national significance in need of federal "partnership," according to a CAGTC press release.

"Dollar for dollar, direct federal investment in freight infrastructure yields a high return, creating construction jobs in the immediacy, and in the long term, bolstering the infrastructure that moves commerce," said Tim Lovain, CAGTC chairman and executive vice president of Crossroads Strategies.

Making freight infrastructure investment the hallmark of the federal plan "presents a unique opportunity to both attract and retain domestic manufacturing and strengthen U.S. infrastructure — both of which are goals held by the administration," coalition officials said.

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More News from 5/16/2017