Edward R. Hamberger, president and CEO of the Association of American Railroads (AAR), delivered a statement on 31 January on the confirmation of Elaine Chao as Secretary of the Department of Transportation (DOT).
With her previous experience as DOT deputy secretary, Ms. Chao has a deep appreciation of critical surface transportation issues. This includes the important role the rail industry plays in this country and the working relationship it has with DOT agencies that oversee the industry, so, together, we can continue to move America’s commerce safely and efficiently.
The rail industry is also encouraged with statements by Secretary Chao in which she has indicated regulations should be focused and based on data, something the AAR supports, as America’s freight rail industry believes new rules should be empirically driven, supported by cost-benefit analysis and geared towards today’s innovation economy.
The AAR and its member railroads congratulate Secretary Chao on her confirmation and we are ready to work with the secretary and her department to achieve a stronger regulatory framework in the country.
(Source: AAR)