BNSF chief says production of new railcars for oil to start January
ORLANDO, March 25
ORLANDO, March 25 (Reuters) - BNSF Railway Co said on Tuesday that production could start in January on the first batch of 5,000 next-generation tank cars designed to carry crude oil more safely, earlier than expected in an industry grappling with bottlenecks.
One of the country's biggest freight companies, BNSF last month asked railcar makers to build thousands of new cars that would come with thicker walls and increased protection of safety and pressure valves, among other features.
A recent string of fiery accidents involving crude trains across the industry have alarmed regulators and the public.
"We believe we could actually start seeing production first of January, which was encouraging," said BNSF Executive Chairman Matt Rose, who spoke at an American Fuel and Petrochemical Manufacturers (AFPM) conference.
"We didn't think it could be quite that soon," he added.
Raiclar manufacturers in the United States include Trinity Industries Inc, American Railcar Industries Inc and Greenbrier Cos Inc. (Reporting By Robert Gibbons; Editing by Terry Wade)
- Tesla says in talks with BMW over car batteries, parts
- Exclusive: China ready to cut rates again on fears of deflation - sources
- Actor Dwight Henry eyed in New Orleans killing after arrest for theft
- China building South China Sea island big enough for airstrip: report
- Suicide bomber kills 45 at volleyball match in Afghanistan
We are living longer but not creating financial plans to keep pace. Advisers give tips on how to make sure you don’t outlive your money. Video