Toxic spills seen as major risk for railroads
Thursday, February 21st, 2008 Liability PropertyToxic chemical releases due to a train derailment, such as the one that occurred in Graniteville, S.C., in 2005, are rare, but still worry railroads, which transport about 100,000 carloads of toxic inhalation hazards throughout the United States every year. Losses from the Graniteville incident are in the hundreds of millions of dollars and litigation is still pending.
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