Department of Transportation

Rail Equipment Accidents

Name: Rail Equipment Accidents
Creator: Department of Transportation

Federal regulations require railroads to report on-track equipment incidents, such as collisions, derailments, fires, and explosions, that result in reportable damages. Each record details the incident type, date, location, railroad involved, and the associated damage amount.

Example records

Railroadlegal entity	Accident Datetemporal	Stategeographic	Accident Typeclassification	Total Damagefinancial	Cars Derailedquantity	Employees Injuredquantity
CSX Transportation	2024-08-14	Ohio	Derailment	$87,400	6	1
Norfolk Southern	2023-11-19	Pennsylvania	Fire	$145,000	0	2
BNSF Railway	2024-03-02	Kansas	Collision with Object on Track	$23,100	0	0

Use cases

Rail Carrier Safety Underwriting for Freight Insurance

An insurance underwriter evaluating a freight logistics company's carrier partners pulls incident history to assess operational safety records, frequency of derailments and collisions, and total loss exposure by railroad to determine premium pricing and coverage limits.

RailroadAccident TypeTotal DamageAccident DateEmployees Killed

Supply Chain Vendor Compliance Screening

A procurement manager at a manufacturing firm vets a new rail logistics vendor by reviewing their safety incident record, including frequency, severity, and geographic concentration of accidents to assess operational reliability and regulatory compliance risk before contract award.

RailroadAccident DateAccident TypeTotal DamageState

Counterparty Risk Monitoring for Transportation Finance

A fintech lender originating equipment financing to rail operators monitors borrower safety metrics and incident trends to detect deteriorating operational performance that may signal default risk or covenant violations.

RailroadAccident DateTotal DamageAccident TypeEmployees Killed