CP: Gathers CMQ Assets And Operations

CP Takes the Cab at CMQ, Topping 13,000 Route Miles and Getting First-Ever Glimpse of Sunrise Over the Atlantic.

CP: Gathers CMQ Assets And Operations

CP Takes the Cab at CMQ, Topping 13,000 Route Miles and Getting First-Ever Glimpse of Sunrise Over the Atlantic.

CP/CMQ Transaction: Analysis

Thoughts on CP+CMQ

CP/CMQ Transaction: Analysis

This was always the plan: FTAI bought CMQ with a plan to fix it up and make a nice return. Apparently it has. No surprise. Good on them. That CP is the one to win the bidding war is also not a surprise. The logic of a CP connection was there since the 1800s. The […]

CMQ : CP Takes The Prize, Acquires All CMQ Lines

Canadian Pacific Completes its Coast-To-Coast Objective by Acquiring Entirety of Central Maine & Quebec Rail Assets from Fortress Transportation & Infrastructure (FTAI).

20 November, Bangor ME – CP will acquire 481 miles of track and facilities spanning from St. Jean QC to Searsport ME, and connecting tails to Newport VT (interchange with VRS) and Millinocket ME (interchange with NBM). CP will also gain direct interchanges with PAR at Hermon ME, and SLQ/SLR at Sherbrooke QC. The transaction is […]

PAR: Ups And Downs On The Mattawamkeag Line

The Revitalization 0f the Maine Economy has a lot to do with the Extensive Upgrades to the State's Freight Rail Network. The Mattawamkeag Branch at PAR's Northern Tip is an Anomaly.

PAR: Ups And Downs On The Mattawamkeag Line

Pan-Am’s Mattawamkeag branch, running northeast along the Penobscot River from Bangor 60 miles to Mattawamkeag has been largely dormant since April 2019, though it remains in service for occasional moves. PAR local service continues to operate as far as Old Town, where ND Paper recently purchased and revitalized the historic paper mill. Occasional trains operate […]

“Bomb Trains” Edge “Freedom Gas” In U.S. House Vote

By 26 Votes, House Amends H.R. 3055 Omnibus Appropriations Bill to Thwart DOT Action on Railing LNG. New England Delegation Almost Uniform in Rejecting Presidential Initiative to Reduce Region's Highest-in-Nation Electricity Costs.

“Bomb Trains” Edge “Freedom Gas” In U.S. House Vote

(The political branding fad may have jumped the shark in the debate over transporting liquified natural gas (LNG) by rail. “Bomb Train” was coined by some witty fellow in the wake of the 2013 Lac Megantic CBR disaster; “Freedom Gas” has entered the language only in the last month by a poetic U.S. Dept. of […]