Reading & Northern reports record growth in 2019 NEWSWIRE

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The new $14 million bridge over the Lehigh River at Nesquehoning Junction, Pa., will enable Reading & Northern freight trains to make their Reading to Wilkes-Barre run without changing ends. Scott A. Hartley PORT CLINTON, Pa. – Reading & Northern Railroad had another banner year breaking previous records for carloadings, freight revenue, and excursion ticket […]

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Davenport Industrial Railroad begins operations NEWSWIRE

Davenport Industrial Railroad photo by John Howell

Davenport Industrial Railroad serves the Davenport Transload Facility in Davenport, Iowa John Howell Davenport Industrial Railroad, a 2.8-mile short line that connects the main line of the Dakota, Minnesota, & Eastern Railroad, a subsidiary of Canadian Pacific Railway, near Davenport, Iowa, with the city-owned Davenport Transload Facility, began operations on Jan. 1, 2020.  The city […]

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CP completes acquisition of Central Maine & Quebec NEWSWIRE

CMQ_Plans_Hartley

Canadian Pacific has completed its acquisition of the Central Maine & Quebec as of Dec. 30. Scott A. Hartley BANGOR, Maine — Canadian Pacific Railway has announced it completed acquisition of the Central Maine & Quebec Railway on Dec. 30. While the regional railroad is now owned by the CP, the deal still needs to be […]

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Genesee & Wyoming sale completed NEWSWIRE

Genesee & Wyoming logo

DARIEN, Conn. — Genesee & Wyoming’s sale to Brookfield Infrastructure and GIC has been completed, the shortline holding company announced this morning. The deal takes the company private, with each share of stock receiving $112 cash. [See “Genesee & Wyoming sold in $8.4 billion deal,” Trains News Wire, July 1, 2019.] As a result, the […]

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Short line group praises extension of tax credit NEWSWIRE

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WASHINGTON — Short line and regional railroads received an early Christmas gift with the passage of a government spending bill last week that included a five-year extension of a popular tax credit. Last week, Congress passed a $1.4 trillion budget that included an extension of the Short Line Railroad 45G Tax Credit, first enacted in […]

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CP filing details plans for Central Maine & Quebec NEWSWIRE

CMQ_Plans_Hartley

Two of Central Maine & Quebec’s repainted GP38-2s lead the local freight eastbound at Sherbrooke, Quebec, on Sept. 24, 2018. A Canadian Pacific filing with the Surface Transportation Board has outlined the railroad’s plan for the short line once its purchase of the CM&Q is approved. Scott A. Hartley BANGOR, Maine — The Canadian Pacific […]

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