Canada will require that older rail cars used for carrying crude oil be phased out by May 2017, the government said on Wednesday, moving ahead of the United States to ban the controversial cars in light of burgeoning oil-by-rail traffic …
A push by Warren Buffett’s railroad to boost oil-shipment safety is meeting resistance from Hess Corp. and other companies that say the plan would mean a surge in costs and force them to scrap thousands of tank cars. A series …
U.S. officials have promised to issue within weeks new safety standards for the kind of tank cars involved in a spate of fiery derailments in recent months, a lawmaker said on Thursday. Rail cars carrying crude oil out of the …