Get 40% Off
🚨 Volatile Markets? Find Hidden Gems for Serious OutperformanceFind Stocks Now

U.S. urges railroads to quickly install anti-crash safety system

Published 01/02/2018, 04:36 PM
Updated 01/02/2018, 04:40 PM
© Reuters. First responders are at the scene of an Amtrak passenger train which derailed and is hanging from a bridge over the I-5 in DuPont

By David Shepardson

WASHINGTON (Reuters) - U.S. Transportation Secretary Elaine Chao urged the nation's railroads and transit agencies to take all possible measures to meet deadlines to install a safety system called positive train control (PTC) to prevent crashes.

Letters dated Dec. 27, which were made public on Tuesday, said Chao wanted railroads to "greatly accelerate" efforts to meet congressional deadlines. A deadly Amtrak crash last month near Seattle that killed three occurred on a section of track that did not have the PTC system operating.

The system is designed to prevent derailments caused by excessive speed. Investigators have said several deadly U.S. train crashes in recent years could have been prevented if the system was in place.

In 2008, Congress mandated the implementation of PTC nationwide by the end of 2015, then extended that deadline until the end of 2018 when its installation became more complex than anticipated. The government can extend the deadline to 2020 to complete some aspects of the system.

The National Transportation Safety Board said last month the Amtrak train that derailed onto a highway near Seattle was going 78 miles per hour (125.5 km per hour) in a 30-mph zone.

The letters went to the chief executives of railroads, including Amtrak, BNSF Railway Co, Canadian National Railway (TO:CNR), CSX Corp (O:CSX), Norfolk Southern Corp (N:NSC), Union Pacific Corp (N:UNP) and transit systems in Chicago, Boston, New York, Boston, Newark, Seattle and Los Angeles.

Amtrak said last month it was "imperative that the rail industry urgently work together to get PTC activated on the national network as soon as possible - and certainly by the December 2018 federal deadline, if not before."

3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads .

The Transportation Department said 12 of 41 railroads covered by the requirements report having installed less than 50 percent of the hardware required for their PTC systems as of Sept. 30. The government said the systems are in operation on 45 percent of route miles owned by freight railroads and just 24 percent of passenger railroads

Chao's letter said the Federal Railroad Administration (FRA) leadership plans to work with railroads "to help create an increased level of urgency to underscore the imperative of meeting existing timeline expectations for rolling out this critical rail-safety technology."

The Association of American Railroads said on Tuesday that railroads are making progress on installing and testing PTC technology and freight railroads are on track to meet the deadlines established by Congress.

Separately, the Transportation Department wrote to U.S. senators on Tuesday asking them to approve the nomination of Ronald Batory to head the FRA. Batory, a former Conrail president, was approved unanimously by a committee but has been held up due to a dispute over a New York area infrastructure project.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.