Market Matters
Mary Kennedy DTN Basis Analyst
Mon Oct 5, 2015 11:59 AM CDT

On September 30, the Transportation and Infrastructure (T&I) Committee introduced bipartisan legislation to extend the December 31 deadline for U.S. railroads to be compliant with Positive Train Control (PTC) technology.

The Association of American Railroads (AAR) President and CEO Edward R. Hamberger provided the following response to committee leaders: "The freight rail industry is pleased the House T&I bipartisan leadership has introduced legislation to extend the PTC deadline. The committee leadership clearly recognizes the need for immediate action to forestall the looming economic crisis that would result from widespread freight and passenger rail service disruption. We look forward to working ...

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