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CN Rail service to resume after fiery derailment

  • Canadian National Railway (NYSE:CNI) is set to resume service on a line in rural Saskatchewan after workers removed debris from yesterday's fiery train derailment and evacuation of a nearby village.
  • Of the 26 cars that derailed, six were carrying dangerous goods, and two of the cars, loaded with petroleum distillate, caught fire.
  • Derailments have become a particularly sensitive issue in Canada since a crude oil train crash in Lac-Megantic, Quebec, in July 2013 that killed 47 people.

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