PORTLAND, Maine – The bankrupt railroad whose runaway train sparked a fire and explosion that killed 47 people in Quebec could be sold by year’s end, the company’s trustee said Thursday.
Montreal, Maine & Atlantic Railway has made no secret that its sale will be necessary to repay creditors and victims following the July 6 disaster Lac-Megantic, Quebec. And railroad trustee Robert Keach said he’s already been approached by “several” potential buyers.
Read the complete story at The Houston Chronicle.
Related News
- ATTENTION VETERANS: Update Your Status in TD Connect
- Obituary: York Dudley Poole III
- SMART-TD Reaches Tentative National Agreement with Carriers
- Spotlighting Rail Safety During See Tracks? Think Train® Week
- Shifting Views on Pattern Agreement
- SMART-TD Pride on Full Display for Labor Day 2025
- Congressman Resurrects Attempt to Nullify Federal Two-Person Crew (2-PC) Rule
- SMART-TD Intensifies the Push for Stronger Transit Safety Laws
- SMART-TD Yardmasters Reach Tentative Agreement
- For Wisconsin’s State Legislative Director, Role is More Than a Title