Fort Wayne Line Sold?

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dti407

Fort Wayne Line Sold?

Post by dti407 » Wed Mar 31, 2004 7:28 pm


railohio
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Post by railohio » Wed Mar 31, 2004 8:44 pm

I'd take that poster on his word. Can't say who it is, but he does have an inside source.

-B
mmmmm pie!

dti407

Post by dti407 » Wed Mar 31, 2004 8:46 pm

I see.

MSchwiebert
Posts: 54
Joined: Fri Mar 12, 2004 11:21 am

Fort Wayne Line Sale

Post by MSchwiebert » Thu Apr 01, 2004 10:05 am

It will be interesting to see what gets sold and what doesn't. CSX will have to put together a package that is good enough to attract a buyer, yet maintain access control. In any event there's a lot of trackage between customers both west and east of Ft. Wayne (assuming the entire segment from Hobart to Crestline is sold), hopefully whoever ends up with it can afford to maintain it properly. My gut feeling is that it will be RJ Corman, for the following reasons: 1. They have recently been succesful in picking up other lines from CSX and 2, the other regionals operating in the area (RailAmerica/I&O, W&LE & Ohio Central) are not in a financial position to pick up and operate another large line segment.

Michael Schwiebert

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