HIGH-PERFORMANCE TISSUE PLANT WILL CONTINUE 130-YEAR PAPER-MAKING LEGACY. NO WORD ON REVIVING RAIL SERVICE.
05.January, Gorham NH – Gorham Paper and Tissue was acquired by Behrens Investment Group. In addition to the $8.75 million cash purchase price, the new owner also assumed ~$9.8 million in loan debt and local tax liabilities. The facility will now be known as White Mountain Paper Company. GPT, under the ownership of Patriarch […]
18.Jan.2021, MONTREAL, QC – The Government of Quebec announced CAN$55 million in financial assistance to the Montreal Port Authority towards its intermodal expansion project in Contrecoeur. The funds will cover half of the Phase I development of the new Contrecoeur container terminal, including site preparation and earthworks to build a visual and sound barrier, estimated […]
THE VRS TEAM STEPPED UP THROUGHOUT THE YEAR TO KEEP THE REGION'S FREIGHT MOVING, SERVE CUSTOMERS, AND MAKE THE MOST OF ITS OWN OPPORTUNITIES.
“It’s been the most dynamic year in New England railroading in 30 years,” says VRS President Selden Houghton. Nobody who has been reading ANRP should have any problem agreeing with that sentiment, but VRS’s team of dedicated rail professionals knows it better than anyone else: VRS has been tied to most of the year’s tumultuous […]
WATCO BOWS OUT OF MAINE MILLS. FORMER CREWMAN TAKES OPPORTUNITY.
28.December, Rumford and Old Town ME – Rail switching operations at the Nine Dragons Paper Rumford Division Mill and Old Town pulp mill have been transferred to a new operator, following the June expiration of Watco’s one-year contract to serve the sites, and a transition period extended due to the Coronavirus pandemic. The new operator […]
SNCR MAY AVOID BANKRUPTCY. TWO SUITORS LOOKING AT MULTIPLE USES OF FORMER IOWA PACIFIC ASSET.
The court-appointed Trustee for the bankrupt Saratoga and North Creek railroad verified that two potential buyers are negotiating to purchase and re-start freight and passenger/tourist service on the line. are underway with who may join forces William Brandt of Development Specialists, Inc. told the Albany Times Union that he couldn’t yet name the potential buyers, […]
NORFOLK SOUTHERN HAS PUT A LOT INTO PAN AM SOUTHERN, AND EVERYONE ELSE HAS BENEFITED. PAR SALE WILL QUALIFY AS CHANGE OF CONTROL, AND PUT NS IN THE PATRIOT CORRIDOR DRIVER'S SEAT.
Pan Am Southern (PAS) is often lumped in as part of, or the same as, Pan Am Railways (PAR); the two are commonly interchanged in conversation. In fact, PAS is an independent, incorporated railroad entity, that owns and operates several hundred miles of former PAR property, transferred to PAS in 2008. In consideration for that […]
10.December, Port Cartier QC – ArcelorMittal Infrastructure Canada celebrated the 60th anniversary of its railway linking the Mont-Wright mine to its facilities in Port-Cartier. The railway’s inauguration 1960 represented an essential access route for the development of Northern Québec. Today, it remains essential to the economic vitality of Québec’s North Shore region. Sixty years after […]
CN, NECR TEAM UP FOR NEW AUTO ROUTE TO DAVISVILLE RI. SINGLE-CAR TEST FOLLOWED NEXT DAY BY BLOCK OF SUV LOADS.
14.December, East Alburgh VT – A block of Davisville RI-bound auto racks has arrived in St. Albans VT from Woodhaven MI via CN. Per yesterday’s single-car test move, NECR will bring the block south to P&W at Willimantic CT. 13.December, East Alburgh VT – A solo, loaded autorack crossed the Canada – U.S. border at […]
Following on Hapag-Lloyd’s announced 2021 container service shift to Saint John, CP CEO Keith Creel hinted that a second weekly steamship line will be calling on the Port of Saint John by the end of 2021. CP is aggressively marketing container business while it serves less than half the number of ports that competitor CN […]
BATORY ISSUES MODERNIZED BRAKING REQUIREMENTS RULE TO IMPROVE SAFETY, REDUCE IDLING, HARMONIZE WITH CANADA, SIMPLIFY WORK RULES.
11.December, Washington DC – The Federal Railroad Administration (FRA) issued a final rule extending the time freight rail equipment can be left off-air (parked with its air brake system depressurized), before a new brake inspection is required. The new rule codifies de facto current rules (implemented as waivers) for brake inspections, tests and equipment. It also clarifies […]