WASHINGTON — Following a series of accidents involving trains hauling crude oil, the major U.S. railroads and federal regulators have agreed to series of safety practices, including slower speeds through urban areas and increased inspections.
News & Analysis
17 Jan 2014
The U.S. energy boom has helped the nation reduce its trade deficit and could pave the way for even more natural gas exports. But the energy bonanza comes at a cost. Rocketing natural gas and oil production appears to be hampering the shipment of one of the U.S.’s top export: agriculture products.
23 Oct 2013
U.S. farmers expect to harvest bumper corn and wheat crops this year, which should more than reverse the shortfall caused by last year’s drought.
01 Oct 2013
Indian Railways has announced a 15 percent hike in its freight charges for all bulk commodities, effective Oct. 1, as part of a “busy season tariff adjustment.”
25 Sep 2013
The Canadian railway industry carried 27.0 million metric tons of freight in July, a 1.8 percent year-over-year decline, according to Statistics Canada.
08 Aug 2013
U.S. Development Group and Gibson Energy have partnered to expand USDG’s crude-by-rail development to Canada, in turn boosting transportation optionality for Gibson’s Hardisty Terminals customers in Alberta.
02 Aug 2013
Freight carried by Canadian railways rose 12.9 percent year-over-year to 29.3 million metric tons in May, as the industry saw a “strong” increase in domestic freight traffic compared with May 2012 levels.
17 Jul 2013
The amount of crude oil delivered by rail and truck to U.S. refineries is soaring, climbing 62.6 percent in 2012 thanks to rising shale oil production output.
11 Jul 2013
K+S Potash Canada and Canadian Pacific have signed a long-term, volume-based contract for the transportation of potash products from K+S’s Legacy site.
11 Jul 2013
As U.S. crude oil production outpaces pipeline capacity, the U.S. is depending more on railroads to move crude oil to refineries and storage centers...