Be careful for what you wish
Deregulation revitalized U.S. railroading in the 1980s. While I can’t envision a complete return to those dark days before the Staggers Rail Act, I can’t help but think that the pendulum is swinging back that way in 2023. The railroad industry is back under media and political scrutiny after a series of high-profile derailments early in 2023 and years of service complaints. A significant wreck and chemical release at East Palestine, Ohio, on Feb. 3 led to media coverage that soon found every minor mishap making national headlines. This peaked with a Union Pacific runaway on Cima Hill in southern California on March 27. I often hear railfans lament the passage of Staggers more than 40 years on and its subsequent effects on the industry. They envision a return of their “good…