CN Rail sees U.S. banning older rail cars for oil in 3-5 years
May 29, 2014 at 12:33 PM EDT
May 29 (Reuters) - Canadian National Railway Chief Executive Claude Mongeau said on Thursday he expects U.S. regulators to phase out use of DOT-111 rail cars for transporting crude oil in three to five years, following a deadly explosion in Quebec last year.