Trains carrying crude oil will be restricted to a 40Â mph speed limit in populated areas such as New York under an order by the U.S. Department of Transportation in response to a series of derailments.
April 17, 2015oil News Updates
Transport Topics provides essential updates on Oil news, including logistics, tariff developments, supply chain shifts, and trade policy changes. Our reporting delivers a global perspective on how oil manufacturing and transport trends impact U.S. freight, warehousing, and shipping operations.
Oil Production Jumps in March Even as US Drilling Collapses
The United States keeps pumping oil at a near-record pace in spite of the collapse in prices over the past year and cutbacks in drilling.
April 15, 2015NTSB Urges Increased Safety Requirements for Oil Tank Cars
The National Transportation Safety Board on April 6 urged hazardous material regulators to step up requirements for replacing or retrofitting tank railcars that carry flammable liquids such as crude oil and ethanol with better thermal protection.
April 7, 2015Safety Agencies Seek to Increase Budgets to Hire Inspectors for Oil Transport
The three agencies that oversee truck, railroad and pipeline safety are asking to hire more inspectors to address concerns generated by the nation’s energy boom.
March 27, 2015Railroads Caught by Speed of Crude-Oil Collapse
The slowdown that North American railroad companies had been bracing for in crude oil shipments has turned into a rout, with volumes falling faster than executives had predicted.
March 27, 2015Quick Take: Oil Prices May Have Further to Fall
Oil bulls got another piece of bad news March 16 from an unlikely source: the Federal Reserve.
March 17, 2015Speed Limits May Not Stop Fiery Oil Spills, Rail Chief Says
Lower speed limits for railroads may be ineffective at keeping oil trains on the tracks and preventing massive fireballs, such as those triggered in a series of recent derailments, the chief U.S. railroad regulator said.
March 16, 2015Trains Carrying Crude in Canada to Face Tougher Safety Standards
Canada is strengthening proposed new safety standards for rail cars carrying crude oil, requiring thicker steel and other improvements after a 2013 derailment killed 47 people.
March 12, 2015CN Rail, BNSF Tackle Accidents as Group Seeks Ban on Oil Trains
Canadian National Railway Co. is building a 1,500-foot long track to bypass a burning train that derailed March 7 in northern Ontario, while BNSF Railway Co. crews are working to reopen track in rural Illinois after a train carrying oil derailed March 5.
March 9, 2015Oil Train Derails in Illinois
A BNSF Railway Co. train carrying 103 cars of crude oil derailed in rural Illinois March 5 and U.S. regulators said a fire had broken out. There were no reports of injuries.
March 6, 2015Trending
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