Two CSX Trains Collide Head On In Chester, Pennsylvania

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October 28, 2016 10:11am NASDAQ:CSX

trainFrom Tyler Durden: Moments ago, CBS Philadelphia reported that Officials say two people were taken to local hospitals after two CSX trains collided in Chester, Pennsylvania.

The crash between CSX locomotives 4402 and 5000 happened about 8:30 a.m. near Green and Felton Streets in Chester Township. The site of the crash is Concord Road at Bethel Road.

Luckily, there were virtually no people on the two trains and thus there were no injuries or casualties.  One of the trains consisted of empty freight cars, CSX spokesman Rob Doolittle said. The other was carrying a variety of consumer and industrial products but none were considered hazardous.

Fuel was reported to be leaking from at least one of the trains.

“There are no reports of hazardous materials on the trains,” Doolittle said.

The trains collided head on around 8:30 a.m. No word on the severity of the victims’ injuries.

The circumstances of the crash will be the subject of an investigation.  Locomotive 5000 is a 6,000 horsepower, six-axle diesel; 4402 is a 3,000 horsepower, four-axle diesel switcher.

CSX Corporation (NASDAQ:CSX) shares fell $0.09 (-0.30%) to $30.22 in Friday morning trading following the report. Year-to-date, CSX has gained 16.53%, more than tripling the return of the benchmark S&P 500 during the same period.

This article is brought to you courtesy of ZeroHedge.

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