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
- Traffic stop payoutVernon / N. Okanagan - 12:17 pm
- Officer charged with murderBC - 11:52 am
- Grizzly chomps on cameraBC - 12:10 pm
- Traffic delays along highwayWest Kelowna - 12:44 pm
|QHR Technologies Inc||1.12||+0.01|
|Anavex Life Sciences||0.191||+0.001|
|Copper Mountain Mining||1.99||+0.05|
|Sunrise Resources Ltd||0.06||0.00|
|Mission Ready Services||0.45||0.00|
This time of year, I always worry about which friends of mine will get caught going off the road in adverse weather conditions. With a little preparation most accidents can be avoided. Having won the...
Photo: Thinkstock.comThe end of record-low rates is nigh, according to one major bank, which has taken a stance and predicted when the Bank of Canada will raise its long-standing overnight rate. &ldq...
The third week in October is “Small Business Week”, a week dedicated to supporting local, small businesses. The week was designed to bring awareness to Canadians about the role small busin...