Q4 results are posted. While revenue had grown 9%, YOY Volume is up only 42 cars - negative growth from a "same store sales" perspective (given 2015 numbers did not include Rockland branch activity).
Brief, fair-use quote per railroad.net policy:
PORTLAND, Maine — The Central Maine and Quebec Railway in 2016 posted positive net income for the first time since buying the former Maine Montreal and Atlantic Railway in a bankruptcy sale.
In its fourth quarter earnings report, the Hermon-based international railroad reported net income of $605,000, driven by a 20 percent increase in revenue, to $30.8 million. That’s up from about $25.6 million in revenue in 2015.
In 2016, the rail line shipped more carloads of building products, fuel and propane, chemicals and fertilizers, and paper and wood pulp. Among those product categories, paper and wood pulp carloads were the only to drop lower in the fourth quarter than one year ago.