Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Torq Transloading Inc., the independent operator of six Canadian terminals, is evaluating new U.S. rules designed to ensure the oil won’t explode or eat holes in tank cars.

The company ships about 40,000 to 45,000 barrels per day, Chief Operating Officer Steve Smith said in an interview today.

The U.S. Transportation Department yesterday ordered energy companies to conduct chemical tests on all crude intended for rail shipment. Rail shipments have surged as Canadian producers boost output from shale formations, and there have been 10 derailments of trains delivering crude in North America during the past year.

The new U.S. rules may affect the types of rail cars used to ship crude, Smith said.

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.