Advertisement
Singapore markets close in 3 hours 36 minutes

  • Straits Times Index

    3,193.30
    +38.61 (+1.22%)
     

  • Nikkei

    38,034.66
    +72.86 (+0.19%)
     

  • Hang Seng

    16,405.90
    +154.06 (+0.95%)
     

  • FTSE 100

    7,847.99
    +27.63 (+0.35%)
     

  • Bitcoin USD

    61,682.04
    -2,693.10 (-4.18%)
     

  • CMC Crypto 200

    885.54
    0.00 (0.00%)
     

  • S&P 500

    5,022.21
    -29.20 (-0.58%)
     

  • Dow

    37,753.31
    -45.66 (-0.12%)
     

  • Nasdaq

    15,683.37
    -181.88 (-1.15%)
     

  • Gold

    2,390.00
    +1.60 (+0.07%)
     

  • Crude Oil

    82.85
    +0.16 (+0.19%)
     

  • 10-Yr Bond

    4.5850
    -0.0740 (-1.59%)
     

  • FTSE Bursa Malaysia

    1,544.32
    +3.90 (+0.25%)
     

  • Jakarta Composite Index

    7,149.97
    +19.13 (+0.27%)
     

  • PSE Index

    6,531.34
    +81.30 (+1.26%)
     

NY fines CSX $10,000 over 2 oil train derailments

NY fines CSX Railroad $10,000 over oil train derailments; says CSX didn't report within 1 hour

Associated Press

ALBANY, N.Y. (AP) -- The New York state Department of Transportation has fined CSX Railroad $10,000, saying it failed to report two oil train derailments within an hour of when they happened as required by state law.

A Feb. 25 derailment in Kingston involved empty rail cars that had contained crude oil. A Feb. 28 derailment at the Selkirk yard near Albany involved a train loaded with crude oil. The cars remained upright and nothing spilled.

Transportation Commissioner Joan McDonald said Wednesday that CSX didn't notify the department of the Selkirk derailment until two hours later.

Florida-based CSX Corp. said the derailments were "appropriately handled," and the company will work with the state and communities on improving communication.

Oil trains have come under scrutiny after a series of disastrous accidents involving North Dakota crude.