Railway Weighing Viability After Quebec Crash, Chairman Says
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Montreal, Maine & Atlantic Railway Ltd. is evaluating whether the company remains viable after the July 6 crash of one of its trains in Quebec that killed as many as 47 people, Chairman Ed Burkhardt said.
“Whether we can survive is a complex question,” he said today in a telephone interview from the Rosemont, Illinois, offices of Rail World Inc., the closely held company’s parent. “We’re trying to analyze that right now.”