June 24, 2015 | FRA, Headlines, Oil Train
(Source: National Public Radio, June 19, 2015) NEW YORK — The federal government’s new rules aimed at preventing explosive oil train derailments are sparking a backlash from all sides. “We’re talking about unit trains, 70 or more cars, that are...
June 24, 2015 | Headlines, Oil Train
(Source: Reuters, June 23, 2015) NEW YORK — Sinking lease rates, weak crude prices and tough new safety measures for transporting oil by rail have spurred a resurgence in hauling ethanol on the U.S. rail network, as some train companies convert tank cars to carry more...
June 23, 2015 | BNSF, Headlines, Oil Train
(Source: Bloomberg, June 16, 2015) NEW YORK — Burlington Northern Santa Fe, the largest U.S. crude-by-rail carrier, is offering lower rates to transport oil in cars that meet the latest federal specifications issued in May. That means the vast majority of cars riding...
June 11, 2015 | CP, Headlines, Oil Train
(Source: Globe and Mail, June 11, 2015) TORONTO — Canadian Pacific Railway will go before a Quebec Superior Court judge on Monday in Sherbrooke and argue it played no role in the fiery derailment of a Montreal, Maine and Atlantic Railway train that killed 47 people....
June 11, 2015 | Headlines, Oil Train
(Source: The Hill, June 11, 2015) WASHINGTON, D.C. — Companies like Royal Dutch Shell PLC, Marathon Oil Corp., ConocoPhillips Co. and Irving Oil Ltd. have paid into the $345 million fund, though they deny that having had oil on the train that crashed makes them...
June 10, 2015 | Headlines, Oil Train
(Source: Pittsburgh Post-Gazette, June 9, 2015) HARRISBURG, Pa. — Pennsylvania can do more to hire track inspectors and to push for stricter tank safety standards to address the growing number of trains carrying crude oil from Midwestern shale fields through...
June 10, 2015 | Headlines, Oil Train
(Source: Forum News Service, June 9, 2015) ST. PAUL PARK, Minn. — Gov. Mark Dayton visited the site of an oil train-truck wreck Tuesday to press his case for more Minnesota rail safety funding. Full story: www.inforum.com
June 10, 2015 | Canada, Headlines, Oil Train
(Source: Associated Press, June 9, 2015) PORTLAND, Maine — The compensation fund for victims of a fiery oil train derailment that claimed 47 lives in a small town in Quebec has grown to $345 million with a contribution from the company that owned the shipment. Full...
June 9, 2015 | DOT, Headlines, Oil Train
(Source: Railway Age, June 5, 2015) NEW YORK — The wait for a new tank car specification is over. Now comes the “fun” part: Retrofits to older cars, and potentially onerous operating rules. Full story: Railway Age
June 9, 2015 | Headlines, Oil Train
(Source: Globe and Mail, June 9, 2015) TORONTO — The flow of North American crude oil by rail will stall this year at about 700,000 carloads – instead of rising by 40 per cent – amid low prices and new pipeline capacity, says Taylor Robinson, president of...