Montreal, Maine & Atlantic Railway (MM&A), operator of the runaway crude oil train involved in the July 6 derailment and explosion at Lac-Mégantic, Quebec, that killed 47 people, announced on Wednesday, Aug. 7 that it has filed for bankruptcy in the U.S. and Canada.
The Surface Transportation Board announced Friday, Aug. 2, 2013, that it has determined that the rail industry’s after-tax cost of capital was 11.11%. Last year, the cost of capital was 11.57%.
CONDUCTOR
Location: Various
Reference #: 77295
Post Date: 6/24/2013
Close Date: 6/30/2013
CONDUCTORLocation: Various
Reference #: 77295
Post Date: 6/24/2013
Close Date: 6/30/2013
Register now for Railway Age’s twentieth annual Passenger Trains on Freight Railroads conference. The event takes place October 15 & 16, 2013 at the Washington Marriott Hotel in Washington, DC. Fill out
New York’s Metropolitan Transportation Authority (MTA) announced Thursday, June 13, 2013, that it had awarded a contract for the “station finishes, mechanical, electrical, plumbing, ancillary buildings and entrances for the 86th Street Station of the Second Avenue Subway.”