By March 19, 2015 0 Comments Read More →

Trains Slow U.S. Petroleum Shipments After Derailment

March 19, 2015|Bloomberg| (Bloomberg) — Rail shipments of crude and refined products fell last week to the lowest level since October 2013 after a derailment shut a track in Illinois for four days.

The U.S. transported 12,724 carloads of petroleum in the week of March 8-14, according to data released Wednesday by the Association of American Railroads. That’s down 10 percent from the previous week and the lowest level for March since 2012.

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