DUPONT, Wash. (AP) — Federal officials confirmed an Amtrak train was hurtling 50 mph over the speed limit when it careened off an overpass south of Seattle, spilling cars onto the highway below and killing at least three people. Bella Dinh-Zarr, a National Transportation Safety Board member, said at a Monday night news conference that […]
derailment
Posted inLewiston-Auburn
Absentee ballots expected this week
LEWISTON — Residents can register for absentee ballots, but they won’t be able to get them until later this week. According to state rules, Maine cities and towns could begin issuing absentee ballots on Friday. City Clerk Kathy Montejo said a train derailment somewhere between Georgia and Massachusetts last week has delayed the delivery of […]
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Posted inMaine, sj-web
Lac-Megantic settlement fund growing
PORTLAND — A proposed settlement fund for victims of a fiery train derailment that claimed 47 lives in Canada is nearly halfway to a goal of $500 million in funding commitments ahead of its filing next month, the defunct railroad’s bankruptcy trustee said. More than a dozen corporations that face potential liability in the Lac […]
Posted inNation / World, sj-web
Canadian government releases report on 2013 Lac-Megantic derailment
Animation — Sequence of events in the Lac-Mégantic derailment and fire “This was a company with a weak safety process,” said board chairman Wendy Tadros. “A company that did what it took to get the job done.” But the report released Tuesday with a press conference in Lac-Mégantic, where the accident occurred, also found fault […]
Posted inMaine, sj-web
Locomotives from bankrupt railroad to be auctioned
MILO — An auction this week will feature dozens of locomotives formerly owned by the company responsible for last year’s deadly derailment in Quebec. Twenty-four of the locomotives were owned by the Montreal, Maine & Atlantic Railways, which filed for bankruptcy and was sold. Seven others were affiliated with MMA’s former parent company, Rail World […]
Posted inMaine, Nation / World, sj-web
Sale of bankrupt railroad blamed for deadly Quebec derailment completed in US
PORTLAND — The sale of the Maine-based railroad blamed for a deadly oil train derailment in Quebec has been completed 10 months after the disaster that claimed 47 lives. Chapter 11 trustee Robert Keach said the parties closed Thursday on the $15.85 million sale of bankrupt Montreal, Maine and Atlantic Railway. A separate, parallel Canadian […]
Posted inMaine, sj-web
New owner, new name: MMA to become the Central Maine and Quebec Railway
HERMON — Once the sale of the bankrupt Montreal, Maine and Atlantic Railway is complete, that name will be filed away in the history books. Railroad Acquisition Holdings, the affiliate of New York-based investment firm Fortress Investment Group that is in the process of buying Montreal, Maine and Atlantic Railway out of bankruptcy, will change […]
Posted inBusiness, sj-web
Quebec derailment victims ask for Mitchell as negotiator
AUGUSTA — Some victims of last year’s fiery train derailment in Canada want U.S. Sen. George Mitchell from Maine to serve as negotiator as they seek money from the bankrupt railroad company. A document filed with the U.S. Bankruptcy Count in Bangor late Wednesday from the Meyers & Flowers law firm shows that the victims […]
Posted inBusiness, Maine, sj-web
Wrongful death claimants in Lac-Megantic disaster want George Mitchell to oversee allocation of railroad’s funds
BANGOR — A Chicago law firm on Wednesday filed a proposal that would appoint former U.S. Sen. George J. Mitchell to oversee the allocation of available funds in the Montreal, Maine and Atlantic Railway’s bankruptcy case to the victims who have filed wrongful death and personal injury claims. The firm Meyers & Flowers filed the […]
Posted inBusiness, Maine, sj-web
After bankruptcy sale, what’s next for beleaguered Montreal, Maine and Atlantic Railway?
The sale of the bankrupt Montreal, Maine and Atlantic Railway is all but certain at this point, but the buyer — Fortress Investment Group — remains mum on its reasons for wanting to acquire the bankrupt railroad or its future plans. While Fortress may not be talking, the Bangor Daily News is able to piece […]