Tag Archive for Crude oil train pricing

Union Pacific announces about $1.70 barrel surcharge on rail tank cars

From multiple news sources.

Rail companies apply market pricing to get shippers to pick safer equipment tank cars.

BNSF previously had imposed a similar surcharge on older tank cars.

Now the Union Pacific has published a seperate price adjustment when shippers select older tank cars.

Sometimes the commercial markets are more affective in promoting safety and operational changes than are government regulations.  Let’s keep our eyes on this trend.