Railroads press against proposals to slow oil trains

U.S. railroads are rallying customers, including lumber and steel companies, to fight a government proposal to slow trains hauling crude oil.

Urged by railroads, more than a dozen companies and business groups are warning regulators that cutting speeds to 40 mph from 50 mph would have a cascading effect, delaying other trains sharing the tracks carrying cargo such as furniture, grain and electronics.

Read the complete story at Transport Topics.