Based on recommendations from General Passenger Safety Task Force. Interested parties are invited to submit comments on the proposed rule by Aug. 27, 2012.
Changes to PTC regs expected to enhance safety, cut costs
Proposed amendments would eliminate the need to perform analyses on forgoing PTC installation and rerouting shipments of some hazardous materials off a rail line. Lines used to provide passenger service would still require PTC. Affected railroads are expected to realize an estimated cost savings of $340 million in the first several years