Transportation Law News

July 20, 2010

Upcoming Requirement for Rail Safety May Bleed Capital Badly Needed for Rail Expansion

Of great concern to US railroads but little known by shippers are upcoming requirements for vast new electronic systems, known by the term “positive train control” (PTC), thought by regulators to produce substantial improvements in rail safety. The Association of American Railroads (AAR), the industry’s trade and lobbying group, is questioning whether the billions in investment required to implement PTC is worth the cost.

Clink: http://www.scdigest.com/ASSETS/ON_TARGET/10-07-20-2.PHP?CID=3592

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