NECR: Renews West Lebanon Lease with NHDOT

NECR KEEPS CONTROL OF NH STATE-OWNED INDUSTRIAL TRACK OFF VRS WRJ

01.February, West Lebanon, NH — New England Central (Genesee & Wyoming) will continue to deliver propane, cement, and salt into West Lebanon via the Northern Railroad Line, based on a 10-year lease renewal by the NH Department of Transportation, which owns the line.

The West Lebanon property, part of the Claremont Concord Railroad (CCR) until 2015, is accessed by Vermont Rail System (VRS) on the west shore of the Connecticut River in White River Junction.

Rymes Propane’s Westboro Yard operation was sold to Canada-based Superior Plus last year. The offloading operations were shut down shortly thereafter to assess what improvements are needed inside the Westboro property, situated between the Connecticut River and NH Rte. 10. The new lease allows NECR to work directly with Superior Plus to re-establish a LPG transload operation in the Westboro yard.

The lease maintains NECR control over portions of the historic Westboro Rail Yard in West Lebanon and make it easier to sublease the land, in exchange for 5% of its monthly gross operating revenue, paid to the state. The agreement has traditionally brought in about $20,000 a year.

The active portion of the state-owned Northern Railroad Line connecting Lebanon to White River Junction VT NHDOT line has been subject since 2000 to an Operating Agreement between an operator and the State. On 09.December.2009 the NH Governor and Council approved an Operating Agreement NHDOT and the CCR to provide rail freight service from 01.May.2010 through 30.April.2020. In 2015 the Operating Agreement was assigned to NECR upon its acquisition of the CCR.

On 30.April.2020 NECR expressed its interest in renewing the lease and updating the agreement. A new 10-year Operating Agreement was approved on October 21, 2020 and signed on 31.January.2021, after the previous agreement was twice extended. The new agreement runs through 31.January.2031.