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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…
NS aids CBR safety training effort
Norfolk Southern Corp. said Thursday, Aug. 7, 2014 it recently sponsored a crude-by-rail (CBR) emergency response class at the Association of American Railroads' Security and Emergency Response Training Center (SERTC)…
RSI: 2Q railcar orders, deliveries flex muscle
The Railway Supply Institute on Friday, July 18, 2014, released its railcar industry order, delivery, and backlog statistics for the second quarter, with the data showing strong growth, which one…
Canada TSB clears interim CBR reforms
Canada's transportation accident investigators gave the country's rail regulator, Transport Canada, a passing grade on interim emergency directives introduced in April to reduce the chances of crude oil train explosions…
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…
Hamberger outlines industry's CBR safety strides
Addressing the Railway Age Crude By Rail Conference in Arlington, Va., Thursday, June 12, 2014, Association of American Railroads (AAR) President and CEO Edward R. Hamberger detailed the many steps…
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.
Refiners’ lobby says DOT-111 is “fine” for shipping Bakken crude
Operators of the U.S. fleet of DOT-111 tank cars are fighting the emerging consensus that the cars and their contents are the key culprits in the succession of oil train…
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