Time to 'aggressively phase out' old, unsafe tank cars carrying oil, says CN
OTTAWA - The head of safety for CN Rail says the railway industry wants to phase out older model tank cars that have been implicated in several recent accidents.
But the consensus at a forum on rail safety in Ottawa was that there's no quick fix for a decades-old problem that has almost 80,000 sub-standard tank cars carrying flammable liquids on North American tracks â€” and that the cost will eventually be borne by consumers.
A derailment and fire involving a CN train in northwestern New Brunswick last week has renewed calls for greater safety in the booming oil-by-rail trade, which became an international cause following last summer's disaster in Lac-Megantic, Que.
Transport Minister Lisa Raitt responded on the weekend by promising the government will formalize the standard for new tank car construction voluntarily adopted by the rail industry in October 2011.
But governments in Canada and the United States have been reluctant to deal with the huge number of older cars, known as DOT-111s, in part because of the cost and logistics of an overhaul.
Malcolm Cairns, the past president of the Canadian Transportation Research Forum, says government intervention will likely be needed to force the tank car leasing industry â€” which owns about 75 per cent of all tankers used in North America â€” to take on the billion-dollar-plus cost of retrofitting older cars to new safety specifications.
Read more Business News
- Flooding washes out roads in Montana World
- Lost snowmobiler was full of lifeVernon / N. Okanagan
- Buskers festival remains on radarKelowna
- Harvesting rain water in the OkanaganPenticton / S. Okanagan
|QHR Technologies Inc||1.19||+0.01|
|Anavex Life Sciences||0.54||+0.12|
|Copper Mountain Mining||2.14||-0.06|
|Sunrise Resources Ltd||0.03||-0.005|
|Mission Ready Services||0.275||-0.02|
How will you pay for this today? Maybe it’s time to change the way you answer this common checkout question.With more payment options than ever, consumers can find easy ways to save money, simpl...
In the razzle dazzle of Hollywood it is hard to find anyone who stands out from the crowd. The fraternity of Actors, Producers, Directors and various other technical guru’s seem to live in a wo...
This past Sunday I drove from Kelowna to Powell River. For those of you who’ve never had to, particularly in winter, it means rising in the wee hours; managing a treacherous journey on the Coqui...