A Canada-bound coal train passes through Seattle and under the Magnolia Bridge, just after the July 24 derailment on an oil train bound for northern Puget Sound refineries. Photo by Joshua Bessex, SeattlePI.com,. A Canadian federal regulator has given a green light to creation of a coal export terminal in the Fraser River just north of the U.S.-Canada border, which would handle coal from the United States bound for export to Asia.