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CBR liability: A trial lawyer’s perspective
At an increasingly rapid rate, the surge in crude by rail during the past few years has spawned significant litigation risk for a broadening group of “target defendants.” That’s why…
North Dakota seizes initiative in CBR degasification
The vital other shoe in crude by rail reform will drop not in Ottawa or Washington, but in Bismark, N.Dak., where, in the void created by federal inaction, officials are…
Oregon OKs CBR terminal expansion
One day after Oregon denied a permit for a coal export terminal on the Columbia River, a separate state body has approved plans to expand a crude-by-rail (CBR) transfer terminal…
DOT NPRM helps bump up freight car builder stocks
The U.S. Department of Transportation’s Notice of Proposed Rulemaking on DOT 111 tank cars for crude oil and HHFTs (High-Hazard Flammable Trains), specifically the NPRM’s proposal for phasing out older,…
DOT crude oil NPRM: Will cooler heads prevail?
A recent call-in forum on crude by rail conducted by Cowen and Company Managing Director and Railway Age Contributing Editor Jason H. Seidl “helped affirm our view that the final version…
Tank Car of the Future among more Greenbrier railcar contracts
Not including orders for 7,000 new railcars worth $700 million announced May 21, 2014, Greenbrier has been awarded contracts for 7,700 cars from multiple buyers valued at more than $960…
Safety-driven railway realignments
As railroaders, regulators, suppliers, and crude oil shippers convene at the Railway Age Crude by Rail Conference on June 12, they may ponder the full range of proffered remedies to exploding…
UBS: “No collapse in tank cars imminent”
“Tank car concerns are creating quite a stir,” says Eric Crawford of UBS Investment Research, commenting on the tank car market.
Transport Canada toughens CBR safety regs
Trains carrying 20 cars or more of crude oil or ethanol must not exceed 50 mph under a new directive issued by Transport Canada on Wednesday, April 23, 2014, and…
From Midland Manufacturing, a safer, stronger pressure relief valve
Midland Manufacturing of Skokie, Ill, a Dover Corp. company and supplier of valves and level-measurement devices for the rail tank car market since 1951, is among the equipment manufacturers on…
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