New York’s Metropolitan Transportation Authority (MTA) has a wholly owned insurance subsidiary, a captive insurer called the First Mutual Transportation Assurance Company (FMTAC), that will provide part of the coverages for liability and property losses stemming from the Dec. 1 …
Two years after being singled out for international honors, Metro-North Railroad finds itself facing a wave of retirements, under three federal safety investigations, and explaining to officials and riders why a locomotive engineer drove a speeding train into a deadly …
A deadly derailment on a curve in Metro-North Railroad’s Hudson Line rekindled safety concerns and promised to snarl today’s commute for thousands of riders on one of New York’s major mass-transit arteries. The crash yesterday beside the Harlem River, where …
At least five people died and 40 were missing on Sunday after a runaway train carrying crude oil derailed and exploded in the center of a small Canadian town in a disaster that raised fresh questions about shipping oil by …
