The Corporate solution? File for bankruptcy.
Is our community safe?
These Big Corporations fight reasonable regulations, destroy communities, spill their contents, jeopardize public safety......
ARE WE SAFE? NO!
Stop Ethanol Trains Through Our Communities
Well, this was certainly inevitable. And highlights the need for regulations that would require that anyone transporting hazardous materials have sufficient funds to cover the costs associated with possible accidents.
Canadian railway company in runaway train crash files for bankruptcy
updated 4:23 PM EDT, Wed August 7, 2013
Edward Burkhardt, CEO of Montreal, Maine & Atlantic Railways Inc., speaks on Wednesday, July 10, during a news conference. A train with 72 tanker cars carrying crude oil barreled down the track before derailing and exploding in Lac -Megantic, Quebec, on Saturday, July 6.
A woman takes a photo of the devastation on Tuesday, July 9.
A police officer surveys the damage. At least 15 people were killed and another 45 remain missing after the weekend crash, authorities said. Those still missing are feared dead, possibly vaporized by the resulting inferno, according to some experts.
(CNN) -- The Montreal, Maine and Atlantic Railway Ltd., the train company involved in the deadly crash last month in Lac-Megantic, Quebec, that left at least 42 people dead, filed for bankruptcy in the United States and Canada, the railway said Wednesday.
The unmanned, runaway 73-car train slammed into the center of Lac-Megantic in the early morning of July 6, and tank cars full of oil exploded and burned in the heart of the commercial district.
The train had been parked in the neighboring Quebec town of Nantes but it rolled into motion after the engineer went to a hotel. The accident is under investigation.
updated 4:23 PM EDT, Wed August 7, 2013
Edward Burkhardt, CEO of Montreal, Maine & Atlantic Railways Inc., speaks on Wednesday, July 10, during a news conference. A train with 72 tanker cars carrying crude oil barreled down the track before derailing and exploding in Lac -Megantic, Quebec, on Saturday, July 6.
A woman takes a photo of the devastation on Tuesday, July 9.
A woman takes a photo of the devastation on Tuesday, July 9.
A police officer surveys the damage. At least 15 people were killed and another 45 remain missing after the weekend crash, authorities said. Those still missing are feared dead, possibly vaporized by the resulting inferno, according to some experts.
(CNN) -- The Montreal, Maine and Atlantic Railway Ltd., the train company involved in the deadly crash last month in Lac-Megantic, Quebec, that left at least 42 people dead, filed for bankruptcy in the United States and Canada, the railway said Wednesday.
A police officer surveys the damage. At least 15 people were killed and another 45 remain missing after the weekend crash, authorities said. Those still missing are feared dead, possibly vaporized by the resulting inferno, according to some experts.
(CNN) -- The Montreal, Maine and Atlantic Railway Ltd., the train company involved in the deadly crash last month in Lac-Megantic, Quebec, that left at least 42 people dead, filed for bankruptcy in the United States and Canada, the railway said Wednesday.
The unmanned, runaway 73-car train slammed into the center of Lac-Megantic in the early morning of July 6, and tank cars full of oil exploded and burned in the heart of the commercial district.
The train had been parked in the neighboring Quebec town of Nantes but it rolled into motion after the engineer went to a hotel. The accident is under investigation.
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