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Ethanol freight train derails, starts fire, in Iowa

Mar. 10, 2017 1:12 PM ETUnion Pacific Corporation (UNP) StockUNP, GPREBy: Carl Surran, SA News Editor5 Comments
  • Several fuel tank cars carrying ethanol burst into flames early this morning after a Union Pacific (UNP -0.3%) freight train derailed in rural Iowa.
  • The derailment occurred around 1 a.m. ~160 miles northwest of Des Moines, according to the local sheriff; nearby residents were asked to evacuate the area and no injuries have been reported.
  • Green Plains (GPRE +2%) says the tanks were filled with ethanol from the company's plant in Superior, Iowa.

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