WINNIPEG, Manitoba/ OTTAWA, March 7- Canada's government took the drastic step on Friday of forcing the country's two major rail companies to ship at least 500,000 tonnes of grain each a week to ease a massive backlog that is hurting farmers.» Read More
NEW DELHI, Jan 9- India will soon invite foreign businesses to help expand its once-mighty but now outdated railways, government sources said, in a move that would mark the opening up of one of the country's last great state-controlled industries.
LONDON, Jan 8- Most crude oil being transported by rail in the United States and Canada is moving in tank cars that will rupture and catch fire if the train derails, according to accident investigations and reports filed with U.S. rail regulators, posing a lethal danger to railway workers and communities along the route.
Temperatures were 20 to 40 degrees Fahrenheit below average in parts of Montana, North and South Dakota, Minnesota, Iowa, Wisconsin, Michigan and Nebraska, according to the National Weather Service. Babbitt, Minnesota, was the coldest place in the United States on Monday at minus 37 F, according to the National Weather Service.
NEW YORK/ WASHINGTON, Jan 6- U.S. The most devastating occurred in Quebec in July last year, when a train derailed and exploded in the town of Lac Megantic, killing 47.. In the United States, 1,400 trains carry crude each day today, up from 31 in 2009, according to a figure Schumer cited from the National Transportation Safety Board.
CHICAGO/ CLEVELAND, Ohio, Jan 6- A blast of Arctic air gripped the vast middle of the United States on Monday, bringing the coldest temperatures felt in two decades, causing at least four deaths, forcing businesses and schools to close and canceling thousands of flights.
LONDON, Jan 6- The rising number of serious accidents involving oil tank cars over the past 12 months suggests that shippers are underestimating the safety risk of transporting crude by rail. If the industry and regulators do not resolve these issues promptly, it is only a matter of time before a major disaster occurs in the United States.
WASHINGTON, Jan 2- Crude oil produced in North Dakota may be more flammable and prone to explosions than earlier thought, U.S. officials said on Thursday as they examine whether gas trapped in crude-by-rail shipments could explain a spate of fiery accidents.
The 106- car BNSF Railway Co oil train struck a derailed grain train on Monday afternoon about a mile west of Casselton, a town of 2,300 people. "The environment within the city limits of Casselton is now safe for residents to return to their homes," the Cass County Sheriff's Office said in a statement.
CASSELTON, North Dakota, Dec 31- In this tiny North Dakota town, the shock of watching a dozen oil tank cars erupt into flames just a mile or two from residents' homes and businesses stirred little anxiety over the safety of the thriving oil-by-rail business.
CASSELTON, N.D., Dec 31- Tests of air over a small North Dakota town shrouded in smoke from a fiery oil train crash show that the pollution level is dropping and residents who were evacuated might be able to go home soon, authorities said on Tuesday.
Dec 31- Activist investor Daniel Loeb's Third Point Capital LLC has taken a stake of less than 5 percent in Hertz Global Holdings Inc, the second largest U.S. car rental company, CNBC reported. Hertz shares rose as much as 9 percent on Tuesday morning. Hertz shares were up 8 percent at $28.07 on the New York Stock Exchange.
Local residents heard five powerful explosions just a mile outside of the small town of Casselton after a westbound 112- car train carrying soybeans derailed. Residents within 5 miles of Casselton were urged to evacuate to avoid contact with the smoke.
FARGO, N.D., Dec 30- A BNSF train carrying crude oil in North Dakota collided with another train on Monday setting off a series of explosions that left at least 10 cars ablaze, the latest in a string of incidents that have raised alarms over growing oil-by-rail traffic.
Dec 23- Trucking company YRC Worldwide Inc said it reached an agreement with some shareholders and institutional investors to reduce its debt by about $300 million.
OTTAWA, Dec 13- Canada is considering classifying crude oil as a higher-risk, dangerous product requiring emergency response plans for shipment by rail following a train accident that leveled the heart of a Quebec town in July, a government official said on Friday.
SAN FRANCISCO, Dec 13- Dan Richard is determined to keep California's plan for building an 800- mile high-speed rail system on track despite two recent court rulings against it and rising criticism of the effort.
CHICAGO, Dec 13- Don't believe the gassy hype. The United States may be floating on an ocean of cheap, domestically sourced natural gas. That's sent the domestic price of natural gas plunging and fanned big talk from heavy hitters like General Electric's Lorenzo Simonelli about its future as a transport fuel.
NEW YORK/ WASHINGTON, Nov 14- U.S. railroads on Thursday urged regulators to improve safety standards for tank cars carrying flammable liquids, following a spate of accidents in the booming crude-by-rail industry.
Most old tank cars must be phased out, and even new cars will require modifications, the Association of American Railroads said in a letter to the U.S. Pipeline and Hazardous Materials Safety Administration. The letter came after a train derailed and exploded in western Alabama on Friday, spilling crude oil into a trackside wetland area.
Nov 13- Shares of YRC Worldwide Inc lost a quarter of their value, as the trucking company struggled with the implementation of operational changes designed to help reduce its large debt.