BNSF to take bids to buy up to 5,000 safer oil railcars
BNSF Railway plans to buy its own fleet of up to 5,000 new crude oil tank cars with safety features that exceed the latest industry standards, the company, a unit of investor Warren Buffett’s Berkshire Hathaway, said on Thursday.
The unusual step by one of the largest U.S. railroads aims to further the industry’s push for safer movement of crude by rail after several recent accidents, including one involving a BNSF train in North Dakota in December.
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