NEWS
 
Locomotives from Lac Megantic derailment sold at auction
Sold upward of $200,000 each
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Dozens of locomotives once owned by the railroad responsible for last year's deadly derailment in Lac Megantic, Quebec have been sold at an auction in Maine.

Auctioneer Adam Jokisch says 35 locomotives sold for anywhere from $10,000 to $15,000 to upward of $200,000 apiece on Tuesday.

Jokisch declined to provide an auction total.

All but seven locomotives were owned by Montreal, Maine & Atlantic Railways, which went bankrupt after a runaway oil train exploded and killed 47 people in Lac Megantic.

The auction will help pay back $3.7 million owed to Maine-based Bangor Savings Bank, which had liens on 24 of the locomotives.

The auction was supposed to include the lead locomotive from the train that derailed, but it was pulled from the auction at the request of Quebec Provincial Police.

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Dozens of locomotives once owned by the railroad responsible for last year's deadly derailment in Lac Megantic, Quebec have been sold at an auction in Maine.

Auctioneer Adam Jokisch says 35 locomotives sold for anywhere from $10,000 to $15,000 to upward of $200,000 apiece on Tuesday.

Jokisch declined to provide an auction total.

All but seven locomotives were owned by Montreal, Maine & Atlantic Railways, which went bankrupt after a runaway oil train exploded and killed 47 people in Lac Megantic.

The auction will help pay back $3.7 million owed to Maine-based Bangor Savings Bank, which had liens on 24 of the locomotives.

The auction was supposed to include the lead locomotive from the train that derailed, but it was pulled from the auction at the request of Quebec Provincial Police.

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