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  • CN train derails in Ontario, third in a month Saturday, 7 Mar 2015 | 11:30 AM ET
    A Canadian National Railway train travels eastward on a track.

    A train carrying oil derailed in Ontario, the company that owns the train said Saturday, which sparked a fire but no casualties.

  • TORONTO, March 2- Canadian Pacific Railway Ltd is unlikely to be involved in the consolidation of the North American industry in the short term, Chief Executive Hunter Harrison said on Monday. Canada's No. 2 railway, which also has operations in the United States, discussed a deal with CSX Corp last year but could not reach an agreement. But Norfolk Southern said in...

  • Early movers: FDX, TMUS, CSX, MNST, JCP & more Friday, 27 Feb 2015 | 8:00 AM ET
    Traders work on the floor of the New York Stock Exchange, August 1, 2014, in New York.

    Some of the names on the move ahead of the open.

  • NEW YORK, Feb 24- A CSX Corp rail line in West Virginia remained shut following an explosive oil train derailment on Feb. 16 that damaged the roadbed and tracks, though the type of work required to return the line to service could be completed "in days," a CSX spokeswoman said Tuesday. CSX has rerouted trains carrying oil on the line that runs from North Dakota to an oil...

  • TORONTO, Feb 23- A train derailment in Canada this month that set ablaze several new-model tank cars carrying crude oil shows the need for tougher rail car standards, Canada's safety watchdog said on Monday. The Canadian National Railway Co. train, carrying crude and petroleum distillates, derailed in northern Ontario on Feb. 14, setting seven of its 100 cars on...

  • NEW YORK, Feb 23- A cleanup was continuing in the Kanawha River in West Virginia on Sunday after an oil spill last week following the derailment of a CSX Corp train, though drinking water was not affected, the company and federal officials said. Twenty seven of the train's 109 cars carrying 3.1 million gallons of crude oil from North Dakota to Virginia came off the...

  • Minimum insurance levels will vary from C $25 million for no or low quantities of dangerous goods to a maximum of C $1 billion for substantial quantities. Federally regulated railways include the Canadian operations of major U.S. companies such as BNSF Railroad, which is owned by Berkshire Hathaway Inc, CSX Corp and Union Pacific Corp.. *Transporters of crude...

  • The trains will likely travel instead on a track that hugs the New River and at one point sweeps into the Pembroke town limits. In line with a federal protocol established last year following a string of fiery derailments across North America, the Virginia Department of Emergency Management on Tuesday informed 16 counties and cities that oil trains could be...

  • West Coast paralysis: Some winners...sort of Friday, 20 Feb 2015 | 11:06 AM ET
    A container ship sits docked in a berth at the Port of Oakland, Feb. 17, 2015, in Oakland, Calif.

    There are plenty of losers in the West Coast port labor fight. Are there winners? Kind of...

  • WILLISTON, N.D., Feb 19- This week's oil train derailment and resulting explosion in West Virginia are likely to heighten scrutiny of new regulations pending in North Dakota, where the oil was produced, aimed at reducing the chance of such disasters. The cargo in Monday's accident was loaded onto a BNSF Railway Co locomotive at a facility owned by Plains All...

  • WASHINGTON, Feb 19- Federal investigators will examine whether pressurized gas played a role in the massive blast that followed the derailment of a train carrying crude oil through West Virginia this week, the U.S. Transportation Department said on Thursday. Questioning the possible role of gas vapors in the West Virginia fire broadens the debate over how to...

  • WASHINGTON, Feb 19- Federal investigators will examine whether pressurized gas played a role in the massive blast that followed the derailment of a train carrying crude oil through West Virginia this week, the U.S. Transportation Department said on Thursday. "We will measure vapor pressure in the tank cars that derailed in West Virginia," said department...

  • NEW YORK, Feb 18- Tank cars from a derailed oil train were still on fire in West Virginia on Wednesday, two days after an explosive accident in which 25 cars went off the rails, a CSX Corp spokeswoman said. Twenty cars caught fire after Monday's derailment in the small town of Mount Carbon 33 miles southeast of Charleston. "We still have some fires on and near tank cars,"...

  • CALGARY, Alberta, Feb 17- Canadian National Railway Co said on Tuesday it has nearly completed repairs on a stretch of its mainline track in northern Ontario after a crude train derailed on the weekend, spilling oil and causing several of the cars to burn. Late on Saturday night, 29 cars carrying Alberta oil sands crude to eastern Ontario derailed from the track and...

  • WASHINGTON, Feb 17- A fiery oil train derailment in West Virginia this week exposes lax safety standards and strengthens the case for tougher U.S. rules governing such shipments, safety advocates said on Tuesday. A 109- car delivery of crude oil from North Dakota's Bakken energy patch derailed in West Virginia on Monday, setting at least nine cars ablaze.

  • CALGARY, Alberta, Feb 17- Canadian National Railway Co is still cleaning up spilled oil and removing damaged rail cars after a weekend derailment on its line at a remote site about 80 kilometers south of Timmins, Ontario. The company said 29 of 100 cars on the train heading from Alberta's tar sands to eastern Ontario derailed late on Saturday and seven caught fire.

  • Oil pipelines safer than trains?   Tuesday, 17 Feb 2015 | 2:32 PM ET
    Oil pipelines safer than trains?

    Diana Furchtgott-Roth, Manhattan Institute, and Tyson Slocum, Public Citizens Energy Program, discuss whether it's cheaper and safer to move oil by pipeline or by rail.

  • Feb 17- A CSX Corp oil train that derailed and erupted in flames in West Virginia on Monday was hauling newer model tank cars, not the older versions widely criticized for being prone to puncture, the company said. The train, which was carrying North Dakota crude to an oil depot in Yorktown, Virginia, derailed in a small town 33 miles southeast of Charleston.

  • Train carrying oil explodes in West Virgina   Tuesday, 17 Feb 2015 | 1:40 PM ET
    Train carrying oil explodes in West Virgina

    A CSX train carrying oil from the Bakken derailed and burst into flames on tracks nears Charleston, W. Va., on Monday.

  • Unsafe at any speed? Oil by rail's huge risks Tuesday, 17 Feb 2015 | 1:25 PM ET
    A fire burns Monday, Feb. 16, 2015, after a train derailment near Charleston, W.Va. Nearby residents were told to evacuate as state emergency response and environmental officials headed to the scene.

    A CSX train carrying oil derailed and erupted into flames in West Virginia, adding to safety worries about transporting crude on railroads.