DOT-117 tank car rule debuts 

A very nice chart of the modifications needed to make tank cars more explosion proof.  The picture is from the article below.  There’s a new DOT-117 (TC-117 in Canada) design, and a long list of modifications that must be made to older cars.  These can be expensive to upgrade and have a variety of expiration dates when they no longer can be used without retrofit.  It’s a nightmare for the very active leasing business, and for companies who must sublease cars they control  when they face a downturn of demand.  The kind of complexity financial businesses such as leasing dote on.

TankCarRetrofitChart

 

Railway Age Logo

Source: DOT-117 tank car rule debuts with controversy | Railway Age

 

Here’s what a DOT-117 rail car looks like, from the article:

DOT-117 tank car rule debuts with controversy

This blog says that only 225 cars were upgraded the first year.

Desmog Logo

A year ago, when Federal regulators announced new rules for “high hazard” trains moving crude oil and ethanol, the oil industry protested that the rules were too strict.

Source: Rail Safety Report Card: Only 225 Of Over 100,000 Unsafe Tank Cars Were Retrofitted in First Year | DeSmogBlog

Finally, we have this cheery note:

Tacoma Weekly Logo

A stack of 24 tanker cars partially derailed on the Tacoma Tideflats about 9:15 a.m. on April 22. There were no injuries. The tankers were empty so no spill following the incident but the otherwise busy intersection of Lincoln Avenue and Taylor Way was closed for 12 hours to allow crews time to lift the tankers back onto their chassis and for investigators to gather information. The accident happened at a curve in the track and occurred when the weather was slightly rainy, although track conditions apparently didn’t play into the cause of the derailment. Damage estimates to the cars hover around the $250,000 mark.

Source: Tacoma Weekly | Empty tanker cars jump tracks on tideflats

Six carriers form THE new alliance

There’s a new alliance– THE alliance!  It’s signed, it’s for five years, and it seems real, though anyone may back out.  What’s interesting is their announced commitment to integration beyond the port.  We’ll see how that works out.  No sign yet of what they actually plan to do in that area.

THE Alliance formed of Hapag-Lloyd, Hanjin, K Line, NYK, MOL and Yang Ming, with Hyundai out in the cold

Source: Six carriers sign five-year agreement to form new alliance – but Hyundai must wait to join – The Loadstar

Team wins prize for rentable refrigeration in India

I found this outstanding example of entrepreneurship through the Supply Chain @ MIT blog.  It is a great case of entrepreneurs meeting a real need and shaping the product to fit it.  The extra advantage, and one all entrepreneurs should heed, is that many of the best ideas are  humanitarian, sustainable, and ethical, turning a problem real people (or creatures) have into something economically viable as well.  Hats off to these students.

Also note that MIT students (and Harvard students, I am bound to say, though my Princeton degree makes it harder) won the first 3 prizes!!

MIT News Logo

Modular boxes that keep food shipments fresh win MIT Food and Agribusiness Innovation Prize.

Source: Team wins prize for bringing rentable refrigeration to India’s food supply chain | MIT News

Supply Chain MIT Logo

http://supplychainmit.com/2016/05/03/modular-refrigeration-units-could-reduce-cold-chain-costs-in-india/