CSX Hit by $2.5 Billion Jury Verdict
Finotti, John, The Florida Times Union
A New Orleans jury yesterday decided that CSX Transportation
should pay a whopping $2.5 billion in punitive damages for a
1987 tank car fire that forced thousands of residents to flee
Officials at Jacksonville-based CSXT said the railroad will
The jury verdict "is clearly not consistent with the facts,"
CSX Transportation Inc. President and Chief Executive Pete
Carpenter said in a prepared statement. "CSXT handled the
leaking car in complete accordance with very stringent federal
A tank car filled with a flammable gas used to manufacture
synthetic carpet backing was left at a CSX rail interchange by
another railroad while awaiting transfer to a third line.
Emergency crews decided to let the fire burn out rather than
try to extinguish the blaze. Nearby residents filed a
class-action suit the day after the fire.
The National Transportation Safety Board concluded that the
railroad was not responsible for the tank car fire. …