Get 40% Off
💰 Buffett reveals a $6.7B stake in Chubb. Copy the full portfolio for FREE with InvestingPro’s Stock Ideas toolCopy Portfolio

About 1.5 million liters of product spilt after Canada train derailed: TSB

Published 2019-12-11, 11:45 p/m
About 1.5 million liters of product spilt after Canada train derailed: TSB

(Reuters) - About 1.5 million liters of product is estimated to have been spilled this week after a Canadian Pacific Railway train derailed and caught fire, the Transportation Safety Board (TSB) of Canada said on Wednesday.

A preliminary examination suggests about 19 of the 23 cars at the head end of the train lost their entire loads, while 10 at the tail end suffered minimal damage, it added.

"A more precise determination of the tank car damage and the amount of product released will be made as product is recovered and the investigation progresses," the Board said in a statement.

The 33-car train derailed west of Guernsey, Saskatchewan, and caught fire early on Monday.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.