Friday, April 18, 2014

Canadian Rail Tanker Regulations Update

A report in the StarTribune highlights the possible effect of recent legislation enacted in Canada that imposes surcharges on rail shippers using older tank cars to transport crude oil. Official notes from a March 19 meeting with the administrator and top officials of the U.S. Transportation Department’s Pipeline and Hazardous Materials Safety Administration suggest that some in the rail industry believe the Canadian policy will lead Canadian shippers to purchase newer, reinforced tankers and send the older cars to the U.S. where similar legislation governing tank cars has not yet been enacted. more

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