Boom in oil trains represents opportunity for rail car manufacturers

Posted on 7 Apr 2015 by Tim Brown

Following a spate of recent rail disasters involving trains carrying crude oil, The National Transportation Safety Board (NTSB) yesterday issued four urgent recommendations calling for the introduction of more robust and fire-resistant rail cars.

The recommendations come following serious accidents involving crude carrying trains in West Virginia last month and another in Illinois in early March, which both resulted in large fires. And there were a number of other significant derailments of oil trains in the US and Canada. Indeed more oil was spilled from oil trains in the…

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