July 29, 2014

Rails tell Congress they won’t meet PTC deadline

WASHINGTON – Railroads warned Congress again Wednesday they wouldn’t meet a 2015 deadline for automatic braking on trains, but engineers and safety officials urged adoption of the technology that might have prevented the fatal Metro North crash in New York this past December.

Freight railroads have spent $4 billion for braking equipment for trains to sense speed limits and track signals automatically, but the effort could ultimately cost that industry $8 billion, according to Edward Hamberger, CEO of the Association of American Railroads.

Read the complete story at lohud.com.