Category: Company News

What To Do With Railroad Tank Cars That Are No Longer Safe Or Economical?

September 14, 2015

New safety regulations and a slump in oil prices means tens of thousands of railroad tank cars are being taken out of service. Railroads are scrambling to find space to store unwanted oil trains. Listen to the story or read the transcript on NPR here. Source: NPR

ASLRRA Supports TTX Flatcar Pooling Extension

August 08, 2014

Short lines are urging the Surface Transportation Board to approve TTX Company’s bid to extend its flatcar pooling authority. American Short Line and Regional Railroad Association President Rich Timmons said his organization’s members benefit daily from TTX’s flatcar pool. “Many small railroads own few cars of their own. Thus, the reliable availability of specialty flatcars… Read more

Railroads stress safety after deaths up in 2013

April 13, 2014

OMAHA, Neb. (AP) — Railroads are launching a new campaign to highlight the dangers of being near train tracks after a spike in rail deaths last year. At this time last year, the railroads were proudly calling 2012 their safest year ever as derailments and crossing accidents kept declining. But last year, the number of… Read more

NTSB calls for tougher standards on trains carrying crude oil

April 08, 2014

The National Transportation Safety Board today issued a series of recommendations (see Safety Recommendation Letters R-14-001-003 and R-14-004-006) to the Department of Transportation to address the safety risk of transporting crude oil by rail. In an unprecedented move, the NTSB is issuing these recommendations in coordination with the Transportation Safety Board of Canada.