US Bill Proposes Tax Credit for Short Line Railroad Upgrades

US Bill Proposes Tax Credit for Short Line Railroad Upgrades

The American Short Line and Regional Railroad Association (ASLRRA) welcomes the bipartisan Senate bill aimed at updating the short line railroad tax credit. This legislation seeks to modernize short line railroad infrastructure, support regional economic growth, and improve freight fluidity by adjusting the credit cap, expanding eligibility, and introducing inflation indexing. These changes will incentivize investment in critical infrastructure upgrades, allowing short lines to better serve their customers and contribute to the overall economic health of the communities they serve. The updated tax credit is crucial for maintaining and improving the nation's short line rail network.

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Germanys Dresden and Cottbus Strengthen Air Link

Germanys Dresden and Cottbus Strengthen Air Link

Cottbus Dresden Airport is an important medium-sized airport in eastern Germany, featuring two runways and offering a variety of air services. Its advantageous location supports different scales of air transport, providing impetus for regional economic development.