Workers stand before mangled tanker cars at the crash site of the train derailment and fire in Lac-Megantic, Quebec, Canada on July 6, 2013. (AP Photo/Ryan Remiorz)

(Bloomberg) — The Obama administration proposed phasing out older tank cars tied to a deadly derailment a year ago and lowering speed limits as part of a set of new rules intended to reduce the risks of hauling crude oil by rail.

The proposal, which follows a series of fiery accidents, also would require improved braking systems and testing of oil before being loaded as well as thicker tanker walls, according to Transportation Department statement today. The rule applies to shipments of corn-based ethanol as well as oil.

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