September 21, 2014

FRA adjusts accident/incident reporting threshold

The Federal Railroad Administration (FRA) published a Final Rule on Dec. 24, 2013, that increases the rail equipment accident/incident reporting threshold for 2014 from $9,900 to $10,500.

This action is taken every year to ensure the figures accurately reflect cost increases that have occurred within the industry.

Read the complete story at Railway Track and Structures.