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Union Pacific imposing hefty surcharge on older crude railcars


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#1 CNJRoss

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Posted 04 July 2015 - 04:48 PM

Reuters, 7/1:
 

Union Pacific imposing hefty surcharge on older crude railcars

 

(Reuters) - Union Pacific Corp will impose a $1,200 per-car surcharge on oil shippers that move crude in older railcars, the company told customers this week, becoming at least the second U.S. railroad to charge extra amid widespread safety concerns.

 

In a revised tariff taking effect Aug. 1, a copy of which was seen by Reuters, the No. 1 U.S. railroad posted rates that .will charge shippers more if they use so-called DOT-111 railcars, which are not as strong as cars built to a higher standard the industry adopted in October 2011

 

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