The Washington Post "WP Brand Connect:"
AAR Presents: An industry transformed
By the late 1970s, more than 20 percent of America’s freight rail network was owned by bankrupt railroads. An entire industry stood on the brink of collapse. On October 14, 1980 President Carter laid the foundation for a railroad renaissance when he signed the Staggers Rail Act of 1980 into law. In the video below, see how 35 years of balanced regulation has transformed the industry and helped the American economy prosper.
Video: AAR Then and Now
To learn more, visit www.aar.org