Rail Safety Report

According to the Federal Railroad Administration’s (FRA) report, total accidents/incidents in January-November 2012 declined 7.3% to 9,741 compared to the same time period in 2011.  In their ten year overview total accidents/incidents show a decline of 25.7% since 2003 when the total was 13,108.

The FRA reported train accidents fell 16.5% to 1,545 compared to 2011.  Derailments accounted for 1,136, down 14.7% and collisions declined 5.9% to 143.  There were 883 yard accidents, down 3.5%.  Highway/rail grade crossing fatalities dropped 7.6% to 214.  However, the number of trespassing fatalities increased 10.6% to 417.

For more details and charts please refer to the Federal Railroad Administration Office of Safety Analysis.

Rail Safety Report

According to the Federal Railroad Administration’s (FRA) report, total accidents/incidents in January-November 2012 declined 7.3% to 9,741 compared to the same time period in 2011.  In their ten year overview total accidents/incidents show a decline of 25.7% since 2003 when the total was 13,108.

The FRA reported train accidents fell 16.5% to 1,545 compared to 2011.  Derailments accounted for 1,136, down 14.7% and collisions declined 5.9% to 143.  There were 883 yard accidents, down 3.5%.  Highway/rail grade crossing fatalities dropped 7.6% to 214.  However, the number of trespassing fatalities increased 10.6% to 417.

For more details and charts please refer to the Federal Railroad Administration Office of Safety Analysis.

EPA Car Building Report

In its most recent freight car building report the Economic Planning Associates (EPA) said it expects orders this year to fall to around 50,000 cars, down from 2012’s 58,900, then in 2014 rebound strongly and experience steady growth through 2018.  EPA estimates that railcar deliveries will rebound to 59,800 cars in 2014, then increase to 63,500 in 2015 and finally 66,500 in 2018.

Due to the ever increasing volumes of oil and petroleum products being transported, tank cars will continue to be the dominant force in overall demand.  In the second quarter of 2012 tank cars accounted for 83.5%  of the total orders, 58.3% in the third quarter and 61.8% of the orders in the fourth quarter. 

EPA Car Building Report

In its most recent freight car building report the Economic Planning Associates (EPA) said it expects orders this year to fall to around 50,000 cars, down from 2012’s 58,900, then in 2014 rebound strongly and experience steady growth through 2018.  EPA estimates that railcar deliveries will rebound to 59,800 cars in 2014, then increase to 63,500 in 2015 and finally 66,500 in 2018.

Due to the ever increasing volumes of oil and petroleum products being transported, tank cars will continue to be the dominant force in overall demand.  In the second quarter of 2012 tank cars accounted for 83.5%  of the total orders, 58.3% in the third quarter and 61.8% of the orders in the fourth quarter. 

Diesel Fuel: Jan. 30

According to the report released today by the U.S. Energy Information Administration diesel fuel prices have been on a general decline since October.  However, diesel prices in the first four weeks of 2013 have been higher than those in 2012.  The EIA anticipate diesel prices to continue to decrease through 2013.  EIA forecasts that the average diesel price will remain around $3.93 per gallon through February then will slowly decline throughout the rest of the year, reaching $3.80 per gallon by the end of the year. Read More