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
- Rail Safety Battle Continues in Colorado Legislature
- Call for photos: “From America’s roads to rails, we want to see your best shots!”
- SB 25-162
- A Century of Labor History for the Brotherhood of Sleeping Car Porters
- CSX Threatens Engineers’ Jobs with New “Zero-Zero” Autopilot Technology
- Legacy: Edmonds Family Mourns a Loss While Celebrating a Future on the Rails
- UPDATE: Arrangements Announced for Brother Steve Bryant’s Celebration of Life
- Cuts to CSX Peer Training Leave New Hires Without Dedicated Mentors
- UPDATE: Arrangements Announced for Brother Dan Bonawitz’s Celebration of Life
- SMART Mobile App Flyer