- Crude oil shipped by rail requires stronger tank cars and safer routes, transportation investigators in the U.S. and Canada say following a series of accidents in North America.
- The U.S. National Transportation Safety Board and Canada's Transportation Safety Board issued recommendations today as part of a probe into last July's derailment of rail cars filled with oil in Quebec.
- "The large-scale shipment of crude oil by rail simply didn't exist 10 years ago, and our safety regulations need to catch up with this new reality," NTSB chief Deborah Hersman says.
- CNI, CP, BRK.A, BRK.B, CSX, UNP, NSC, KSU, GWR.
Regulators call for tougher standards for shipping crude oil by rail
Jan 23 2014, 15:33 ET