December 22, 2014

TSB slams Transport Canada in Lac-Mégantic disaster

LAC-MEGANTIC, Que. – Transport Canada was slammed Tuesday (Aug. 19) in a long-awaited report into last summer’s train disaster that claimed the lives of 47 people, for not forcing Montreal, Maine and Atlantic Railway to improve its safety record. “Each time (Transport Canada inspectors) were saying, ‘OK, we found this, you’ve got to do this,’ but [...]

Charges laid against MM&A railroad, employees

MONTREAL – Montreal, Maine and Atlantic and three of its employees are to be charged Tuesday with criminal negligence causing death in connection with the Lac-Mégantic derailment. Forty-seven people died after a runaway MMA crude oil train derailed and exploded there on July 6, 2013. Millions of litres of crude oil spilled in the accident. [...]

Maine railroad in deadly Canada derailment sold

PORTLAND, Maine – A railroad that went bankrupt after a fiery oil train derailment killed 47 people last summer in Canada was sold at auction Tuesday to a subsidiary of a New York City-based investment management company. Railroad Acquisitions LLC, a subsidiary of Fortress Investment Group, won the closed-door bidding for Montreal, Maine and Atlantic [...]