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AAR comments on USMCA trade deal

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Dry Bulk,

Edward R. Hamberger, President and CEO of the Association of American Railroads (AAR), issued the following statement on the trade agreement struck between Canada, Mexico and the United States:

“The private freight railroad industry is pleased that negotiators from Canada, Mexico and the United States have reached an agreement to preserve free trade between our nations. The free flow of goods across North America without burdensome tariffs is a net positive for US workers, bedrock industries and the economy.

“Our industry knows this firsthand due to the massive amounts of goods we move – such as agricultural yields, energy products and automobiles – as part of a sophisticated supply chain that was shaped in large part by free trade. We encourage Congress to address this new agreement in a very deliberate yet urgent manner to provide much-needed certainty for commerce across this continent.”

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