Warren Buffett’s Railroad Helps to Delay Train Safety Measures

After an Amtrak train derailed last May in Philadelphia, which killed eight people and injured dozens, it appeared that the railroad industry’s efforts to delay the installation of safety technology on all passenger trains was at an end. However, under pressure from Warren Buffett’s BNSF Railway Company, the US Congress passed another law that delayed the implementation of positive train […]

FRA Pushes for Fast Upgrades to Train Safety Systems

The head of the Federal Rail Administration (FRA) promised to be aggressive in urging railroad companies to install newly mandated safety systems as soon as possible, even though Congress moved the deadline back to 2018.  The safety system is called Positive Train Control or PTC, and was supposed to be operating nationwide by the end of 2015. Its widespread use […]