February 12, 2025 – This week, U.S. Representatives Darin LaHood (IL-16) and Brad Schneider (IL-10) reintroduced H.R. 1200, the Freight RAILCAR Act of 2025, to modernize the North American railcar fleet, support U.S. manufacturing jobs, and advance the efficient movement of critical goods across the country. The Freight RAILCAR Act of 2025 would provide a nonrefundable 10 percent tax credit to help offset the costs to replace or upgrade existing railcars to improve fuel efficiency or capacity.
RSI President Patty Long released the following statement in support of the legislation:
“The Freight RAILCAR Act of 2025 will encourage investment in a more sustainable freight railcar fleet and bolster an industry vital to the U.S. economy. The RSI appreciates Representatives LaHood and Schneider for their leadership and urges Congress to pass this important legislation.”
About the Railway Supply Institute (RSI)
The Railway Supply Institute (RSI) is dedicated to advancing safety, innovation, technology, and sustainability within the freight and passenger railway supplier industry, both in North America and global markets. As the voice of the industry, RSI strategically engages in critical and urgent industry matters by leveraging the technical expertise of our members to advocate in the legislative and regulatory arenas, foster education, host impactful events, and facilitate networking opportunities. For more information visit www.rsiweb.org, follow RSI on Twitter and LinkedIn.