"U.S. Proposes Faster Changes in Oil Trains"

"Federal regulators said on Wednesday that they would require railroads and oil shippers to use stronger tank cars to transport crude oil within two years.

The new rules lay out a speedier timetable than initially expected to phase out old cars in response to a spate of derailments and spills involving oil trains in the last year.

The timetable, which is faster than a similar effort in Canada to phase out older tank cars within three years, could put pressure on manufacturers to build or retrofit tank cars in time to meet the new mandate."

Jad Mouawad reports for July 23, 2014.

SEE ALSO:

"U.S. Moves To Enhance Safety of Oil-By-Rail Shipments" (Reuters)

"Puncture-Prone Rail Car To Be Phased Out Under U.S. Proposal" (Bloomberg)

"Greenbrier Says Rapid Phase-Out of Older Oil-By-Rail Tank Cars Doable" (Reuters)

"US Seeks New Rules for Rail Transport of Fuel" (Wall St. Journal)

"DOT Issues Open-Ended NPRM on CBR, Other Flammable Fuels" (Railway Age)

"DOT Proposes Tougher Oil-Train Safety Rules" (USA TODAY)

"Proposed Oil Train Safety Rules Include Lower Speeds, Improved Braking" (Los Angeles Times)