Railcar Makers Reaping Benefits From Shale Oil Boom

By | February 20, 2014

Scalper1 News

Railroads may be an old industry, but they’re enjoying a new source of revenue as the shale oil boom boosts the need for expedient and cost-effective crude transport. Railroad shipments of petroleum and petroleum products surged 31% last year, according to the Association of American Railroads. However, there are rising safety concerns stemming from a series of derailments and explosions as more of the flammable liquid gets shipped in North Scalper1 News

Scalper1 News