Railway in Quebec runaway train tragedy that killed 47 loses licence
TORONTO (AP) - A United States-based rail company whose runaway oil train derailed and exploded in a Quebec town, killing 47 people, has lost its operating licence in Canada, the country's transportation agency said Tuesday.
The Canada Transportation Agency is suspending the certificate of fitness for Montreal, Maine and Atlantic Railway (MMA) and its Canadian subsidiary.
The agency said it is not satisfied that the troubled company, which has filed for bankruptcy since the July 6 disaster, has demonstrated that its third-party liability insurance is adequate for ongoing operations.
The parked train, with 72 tankers of crude oil, was unattended when it began rolling and derailed in the center of Lac-Megantic. Several tankers exploded, destroying 40 buildings. The company has blamed the train's operator for failing to set enough hand brakes.