WAWG
From the Capital Press
Congress has extended a deadline for railroads to implement new safety technology, which transportation experts say should avert potential disruptions to commodity markets.
Under the Rail Safety Improvement Act of 2008, railroads had until the end of 2015 to implement Positive Train Control, designed to automatically prevent derailments and train collisions in the event of operator error.
The railroads, however, said the technology didn’t exist when the law was passed, and despite investing $6 billion toward PTC to date, they couldn’t meet the deadline and would have to shut down rail routes. Read the rest of the story here.