Montreal, Maine and Atlantic Railway

Lac-Mégantic verdict: Not guilty

A jury of 12 Quebec citizens, after several days of deliberations that came very close to impasse, declined Jan. 19 to accept prosecutors’ contention that three Montreal, Maine & Atlantic employees were criminally responsible for the July 2013 runaway oil train calamity in the lakeside resort town of Lac-Mégantic that claimed 47 lives and destroyed the historic town’s downtown core.

Transport Canada’s “classified” Lac-Mégantic payment

In a curious role reversal, Canada’s former Minister of Transport, now opposition politician Lisa Raitt, has revealed that the Canadian government quietly paid C$75 million toward compensation for victims of the 2013 oil trains disaster that killed 47 in the Quebec resort town of Lac-Mégantic.

Short line gets new name, new owner

Hermon, Maine-based Montreal, Maine & Atlantic Railway has a new identity – Central Maine and Quebec Railway – following its purchase by Railroad Acquisisition Holdings LLC, an arm of New York-based Fortress Investment Group.

MM&A, employees face negligence charges

The bankrupt Montreal, Maine & Atlantic Railway (MM&A) and three of its former employees are to appear in court in Lac-Mégantic, Quebec, Tuesday, May 13, 2014, to face 47 charges of criminal negligence causing death in the runaway derailment and explosion last July 6 of a training carrying oil from North Dakota.

First hazmat fines levied against North Dakota crude loaders

The first enforcement actions against North Dakota tank car loaders for misclassifying Bakken crude oil were announced Feb. 4 by the U.S. Department of Transportation. The notices of violation and attendant fines totaling $93,000 were issued against Hess Corp., Whiting Oil and Gas Corp., and Marathon Oil Co.

Investment group sub to buy MM&A

Beleaguered short line Montreal, Maine & Atlantic Railway (MM&A), under financial duress due to the July 6, 2013 derailment and explosion of a train in Lac-Megantic, Quebec, has signed a sales agreement with Railroad Acquisisition Holdings LLC, an affiliate of New York-based Fortress Investment Group.

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Rail service in Lac-Mégantic to resume

Freight rail service will begin traversing the right-of-way in and around Lac-Mégantic, Quebec, on Wednesday, Dec. 18, 2013, limited at first to trains hauling dry goods.