COVID Relief Funds for Rail

How can rail benefit from COVID Relief funding?

• investment tax credit to encourage railcar orders
• funds for capital projects addressing signal crossings and track and grade maintenance
• grants to state and localities for rail-related capital projects
• maintaining the capital investment program for passenger rail projects under the purview of the Federal Transit Administration
• funds to modernize its information technology capabilities
• ensuring freight railroad workers get priority for access to testing, personal protective equipment

Freight Waves | Rail industry groups eye pandemic relief/capital investment funding