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Canadian Train Carrying Crude, Propane Derails Jan. 7

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January 8, 2014

A Canadian National Railway Co. (NYSE: CNI) train carrying crude oil and propane derailed in the eastern province of New Brunswick and sparked a blaze that was still burning more than 12 hours after the Jan. 7 accident.

A helicopter was being brought in Jan. 8 to pinpoint what is ablaze in the wreckage of the 122-car train that jumped the tracks about 7 p.m. local time Jan. 7 near the town of Plaster Rock, said Jim Feeny, a railroad spokesman. There were 14 cars and a locomotive in the ...

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