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Train carrying fuel runs off tracks in Mississippi

  • Another train carrying fuel and chemicals has derailed in the latest in a series of similar accidents.
  • This time, a Canadian National Railway (NYSE:CNI) train ran off the track in Southern Mississippi on Friday.
  • The train was transporting fuel oil, liquid fertilizer and methanol, and while some of the cargo leaked, there were no explosions.
  • The incidents have raised doubts about the safety of moving combustible goods by train. The accident in Mississippi came on the day that the State Department released a report that was favorable to TransCanada's (NYSE:TRP) Keystone XL pipeline.

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