Tag: Articles
Commentary: PSR and the Railcar
Outlook 2019: Railcar Forecast by Richard Kloster
Commentary: What if they never discovered oil in North Dakota?
Feature! Transportation & Logistics International
Wall Street Journal Quotes AllTranstek SVP
Commentary: Railcar Lessees Need to Know the New Lease Accounting Standards
Outlook 2018: Railcar Forecast by Richard Kloster
“Railcar Outlook: Where Did the Momentum Go?” by Richard Kloster
USDOT Repeals ECP Brake Rule
On December 4, 2017, the U.S. Department of Transportation repealed the FRA’s 2015 ruling that unit trains transporting hazardous or flammable materials be equipped with electronically controlled pneumatic (ECP) brakes. Freight railroads were required to comply by January 1, 2021, or reduce speeds to a maximum of 30 miles per hour.
Reviews and studies of the rule completed by the National Academies of Sciences Transportation Research Board (NAS/TRB) found that the ruling, purported to be a superior method compared to other technologies in emergency situations, was “incomplete and unconvincing.” Evidence did not support the assertion that ECP brakes were more effective than alternative safety strategies. Consequently, the mandate, described as arbitrary by its opponents, was repealed.
Read the full article here.