Published at: www.progressiverailroading.com
Agreement offers solution to tank car lessors, (TRN, GMT, GE)
January 18, 2007
A committee of companies, the Union Pacific Railroad, Union Tank Car, and Dow Chemical, representing their respective industries, agreed to a procedure under the auspices of the Federal Railroad Administration (FRA), to address the safety issues relating to tank cars, especially those handling Toxic Inhalation Hazardous (TIH) Gases. The announcement was overshadowed by the news of a derailment on CSX that resulted in a massive fire and release of hazardous gases. What was not said was that the railroads, mainly the Union Pacific, had relented and abandoned their demand that tank car owners replace all pre-1989 TIH cars within five years.