Mar 31, 2009

Will state's deal with CSX be a train wreck?

Click title for story link. By Bill ThompsonStaff writer Published: Monday, March 30, 2009 at 6:30 a.m. Last Modified: Sunday, March 29, 2009 at 10:32 p.m. Seven years ago, a speeding northbound Amtrak passenger train derailed in Putnam County, killing four people and injuring more than 140 of the nearly 500 riders on board.AC = --> .art_main_pic { width:250px; float:left; clear:left; } Investigators determined the April 2002 accident was caused by shoddy maintenance and improper stabilization of a section of the tracks, owned by CSX Transportation. As a result, Amtrak paid $12 million in damages related to that crash near Crescent City, according to an October 2004 article by The New York Times. The article noted that some claims were still outstanding two and a half years later. The Times also reported that CSX did not pay one dime, even though the multibillion-dollar company was responsible.