It has been reported that the Department of Transportation will soon issue new safety standards for the kind of tank cars involved in a series of fiery derailments that have occurred in recent months. The most recent incident involved rail cars carrying crude oil out of the Bakken region of North Dakota. Federal specifications on tank cars would be a part of the standards. This is an area of concern that must be addressed. We will continue to monitor this development and will write more as things develop.
Source: Claims Journal
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