October 28, 2015
The U.S. House of Representatives on Tuesday approved a bill to keep federal funds flowing to road and bridge construction projects into late November, while also extending a key rail safety deadline to the end of 2018. In a voice …
October 7, 2015
The head of Amtrak warned Congress that some passenger rail service outside the Northeast corridor will be suspended if lawmakers don’t extend a Dec. 31 deadline for railroads to install safety technology. “There will be significant impacts to our service …
August 11, 2015
Only a small number of U.S. railroads will meet the Dec. 31 deadline for implementing new train safety technology that experts say would have prevented the deadly May 12 Amtrak derailment in Philadelphia, officials said on Friday. A report to …
May 15, 2015
The deadly Amtrak derailment near Philadelphia appears to be yet another accident that didn’t have to happen. It could have been avoided if a long-sought safety technology had been installed on its tracks and trains, according to information gathered by …
October 22, 2013
Aon Risk Solutions, the global risk management business of Aon plc, has launched Aon Rail Excess Liability facility. The insurance facility was created in response to emerging risks arising out of requirements in the Rail Safety Improvement Act of 2008 …
September 4, 2013
Despite a rash of deadly train crashes, the railroad industry’s allies in Congress are trying to push back the deadline for installing technology to prevent the most catastrophic types of collisions until at least 2020, half a century after accident …