The wait for a new tank car specification is over. Now comes the “fun” part: Retrofits to older cars, and potentially onerous operating rules.
The Greenbrier Companies, Inc. announced Tuesday, March 17, 2015 it has received new orders in its second quarter ended Feb. 28, 2015 for 10,100 railcar units valued at $1.09 billion.
Under a fairly intense political spotlight spurred by a series of high-profile rail incidents involving crude-by-rail (CBR) shipments, the Federal Railroad Administration (FRA) has issued a “Railworthiness Directive requiring railroad tank car owners to replace unapproved valves currently installed in some tank cars.”
Transport Canada’s selection March 11, 2015 of new tank car specifications is surely a harbinger of the choice the White House will make later this spring from among the options proposed by U.S. rail and hazmat regulators.
Association of American Railroads (AAR) President and CEO Edward R. Hamberger responded late Wednesday, March 11, 2015, to Transport Canada’s proposed TC-117 tank car standard.
BNSF Railway is taking a second look at an earlier plan to purchase up to 5,000 tank cars for hauling oil products, following feedback from some of its customers, according to BNSF Chairman Matt Rose.
The Railway Supply Institute on Thursday, Oct. 23, 2014 released its railcar industry order, delivery, and backlog statistics for the third quarter, noting the quarter was the largest ever for car orders, notching 42,900 cars.