Rail Industry

Why Rail Accidents Are Even More Dangerous Than You Think

Rail claims that it faces a number of disadvantages as the primary means of transport for the goods. For starters, its insurance coverage is limited. Rail companies can't get insurance to cover the cost of potential accidents. So, rail companies -- and their shareholders -- remain open to a "bet the company" risk in the transportation of these goods.
CP

Ottawa Denies VIA Rail For Sale

OTTAWA - The federal government is denying a published report that it is thinking about selling Via Rail.A spokesman for Transport Minister Denis Lebel says privatizing the passenger rail service isn'...