The 2 victims were exposed to asbestos decades ago when tainted mining material was shipped through Libby, Montana.
railway
Posted inBusiness, Maine, News
What’s inside Maine freight trains? Public can only hazard a guess
An exception to the state’s public records law prevents Mainers from knowing what toxic chemicals might be rumbling through cities and towns.
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Posted inLewiston-Auburn
Auburn council all aboard ‘Hotel Train’ idea
AUBURN — A plan to run an overnight train from Boston to Montreal through Auburn picked up support from the Auburn Council on Monday night, even though the train may not stop in the city. Mayor Jonathan LaBonte said the plan does not change his long-term goal to bring commuter rail between the Twin Cities […]
Posted inMaine, sj-web
Hearing set for bankrupt Maine railroad
BANGOR (AP) — Lawyers in Maine and Canada are hoping to iron out some key details in the bankruptcy of a railroad whose train derailed in Quebec, killing 47 people. A bankruptcy hearing Wednesday aims to establish bidding procedures for the Montreal, Maine and Atlantic Railway and to set a deadline for people to file […]
Posted inBusiness, sj-web
Bankruptcy judge approves $3 million loan for railway
BANGOR — A U.S. Bankruptcy Court judge Wednesday approved a $3 million loan from Camden National Bank that will allow the Montreal, Maine and Atlantic Railway to continue operating with two-man crews running the trains. Canadian authorities in August ordered the railroad to use two-man crews for all hazardous material transportation in response to the […]
Posted inMaine, sj-web
Bankruptcy judge approves $3 million loan for Montreal, Maine and Atlantic Railway
BANGOR — A U.S. Bankruptcy Court judge Wednesday approved a $3 million loan from Camden National Bank that will allow the Montreal, Maine and Atlantic Railway to continue operating. The loan is structured as a revolving line of credit up to $3 million and may be used only as working capital, according to court documents. […]
Posted inNation / World, sj-web
Attorney for Lac-Megantic victims says he will sue Irving over mislabeling of oil in train cars
BANGOR — An Illinois attorney who represents the victims of the Lac-Megantic, Quebec, train disaster and their families said Friday that he will file a lawsuit against Irving Oil Co., the Canadian firm that hired the railroad to ship crude oil to its refinery in New Brunswick. Peter J. Flowers of Chicago, who represents the […]
Posted inBusiness, sj-web
MMA Railway could be sold by the end of 2013
PORTLAND — The bankrupt railroad whose runaway train killed 47 people in Quebec could be complete 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 […]
Posted inMaine, sj-web
In the wake of bankruptcy, keeping Maine’s rail network intact ‘strategically critical’
Speculation is growing over what the long-term economic impacts will be to the bankruptcy of Montreal, Maine and Atlantic Railway. Experts interviewed by the Bangor Daily News, however, say businesses served by the railroad shouldn’t experience any immediate impacts as a result of the company’s bankruptcy. The railway filed for Chapter 11 bankruptcy on Wednesday, […]
Posted inNation / World, sj-web
Railway involved in Quebec explosion lays off 79 of 179 workers
HERMON — The railway that owns the runaway train that devastated a small Quebec town almost two weeks ago, killing 50 people, has laid off 79 of its 179 workers because of the disaster, a company official said Wednesday. Montreal, Maine and Atlantic Railway workers learned at the close of business on Monday that they […]