H*ll with the cab signals. They won't tell you the Texaco truck is high-centered on the grade crossing. I'd slow down to a reasonable speed, considering visibility.
Hays
There is nothing that requires the engineer to slow down, if he is running under clear signals...
However, if the dispatcher receives a report of trees down, slides, or other incidents, he may issue train orders slowing train speed. The engineer may also slow down if he thinks conditions warrant.
Nick
Take a Ride on the Reading with the: Reading Company Technical & Historical Society http://www.readingrailroad.org/
Carl
Railroader Emeritus (practiced railroading for 46 years--and in 2010 I finally got it right!)
CAACSCOCOM--I don't want to behave improperly, so I just won't behave at all. (SM)
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