Moving Dangerous Product By Rail Continues To Be Popular, Despite Lac-Mégantic Disaster

Despite the Lac-Mégantic train derailment in July 2013 that claimed the lives of 47 people, destroyed more than 30 buildings and released about 6.3 million litres of oil into the environment, “moving any type of dangerous product by rail continues to be a very popular endeavour,” a speaker said last week at the Canadian Risk and Insurance Education Forum. Angela Iannetta, director of Aon Global Risk Consulting, suggested that there many several reasons why railroads continue to be popular compared to pipelines, which are typically safer.