- Reuters•3 days ago
Canada will take older tank cars out of crude-by-rail service much earlier than originally planned, its transport minister said on Monday, in the government's latest move to toughen rail safety after a deadly 2013 crash. The decision, which moves Canada's retrofit schedule further ahead of the United States, was partly prompted by a sharp drop in oil prices since 2014 that has cut the volume of crude transported by rail. "With fewer cars in use, the industry has more capacity to retrofit existing cars to the current standard," said Delphine Denis, a spokeswoman for Transport Minister Marc Garneau.
Canadian Pacific Railway LimitedToronto
|52wk Range||140.02 - 212.06|
|Day's Range||192.43 - 195.40|
|Avg Vol (3m)||409,388|
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