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Buffett: No need for more BNSF rail car buys on Keystone Pipeline delay

(Source: Reuters, April 23, 2014) NEW YORK -- Warren Buffett, the chairman of Berkshire Hathaway , said on Wednesday the company's BNSF railroad unit probably will not need to expand its rail car purchases as a result of delays in the Keystone pipeline construction....

Outgoing NTSB chief leery of oil train safety

(Source: The Hill, April 23, 2014) WASHINGTON, D.C. -- The chairwoman of the National Transportation Safety Board (NTSB) warned in one of her final public appearances that the safety of freight rail trains carrying crude oil has been compromised “far too often"...

NTSB: Feds should use emergency powers to address oil train safety

(Source: The Journal News, April 23, 2014) WASHINGTON, D.C. -- Federal regulators should use their emergency powers to make moving crude oil and ethanol by rail safer in the foreseeable future, the chairman of the National Transportation Board said Wednesday. Full...

Transport Canada orders 5,000 most dangerous tanker cars off the rails

(Source: Postmedia News, April 23, 2014) OTTAWA -- Transport Canada has announced new regulations tightening safety on Canada’s railways, beginning with ordering the 5,000 most dangerous tanker cars off the rails. The new rules also cover speed limits, route...

Squabbling stunts oil train safety efforts

(Source: Associated Press, April 24, 2014) WASHINGTON, D.C. -- Spurred by a series of fiery train crashes, a push by government and industry to make safer tank cars used for shipping crude oil and ethanol has bogged down in squabbling and finger-pointing over whether...

Norfolk Southern declares quarterly dividend

(Source: Norfolk Southern press release, April 22, 2014) NORFOLK, Va. -- Norfolk Southern Corporation today announced the regular quarterly dividend of 54 cents per share on its common stock, payable on June 10, to stockholders of record on May 2. Since its inception...

Schumer proposes greater transparency regarding oil train transport

(Source: Times Herald-Hecord, April 22, 2014) GOSHEN, N.Y. -- Sen. Charles Schumer is urging the federal agency overseeing railroads to make information about hazardous cargo more readily available to emergency responders. Full story: www.recordonline.com

‘Fugitive dust’ from coal cars stirs health fears

(Source: Virginian-Pilot, April 22, 2014) NORFOLK, Va. -- Cathy Henry wondered about the black stuff. It coated the hands and feet of her 19-month-old twin girls when they played on the balcony of her West Ghent duplex. Environmental activists going door to door...

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