Moorman: Excessive regulation hinders investment in freight rail

05/7/2013 | StreetsBlog.org

The U.S. government should limit regulations that restrain investments in freight rail because "the longer it takes to steer through regulatory hurdles, the longer we wait for economic growth," said Norfolk Southern President and CEO Wick Moorman. His comments came as Congress and the Transportation Department work on a new national freight plan, which is mandated by the MAP-21 law.

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