Actually, you could probably do what the SLR did and paint one side English and the other side French. Notice how the MMA never wrote out Montreal, Maine and Atlantic.
CN9634 wrote:A nearly $1M project involving rail in Beattie Maine (Near the border by Jackman) involving EJ Carrier Inc will bring a large spur and operation to the Moosehead. With this as well as Jackman and potentially Greenville recieving biomass for the power plant, it is certainly possible a turn job could come to the Moosehead. Perhaps a bit of luck for the CM&QAny chance this will be on the old ROW of the Jackman Lumber Gulf Stream Spur? The spur came off a little east of Lowellton(Beattie) closer to Skinner on the north side of the Moosehead and used to run some distance north towards the border.
Bangor Daily News wrote:The company in the process of buying Montreal, Maine and Atlantic Railway plans to hire more people and regain business the railroad lost after last summer’s disaster in Lac-Megantic, Quebec, although it is unclear whether the company will return to transporting oil.Read the rest of the article at: http://bangordailynews.com/2014/02/18/b ... l-traffic/" onclick="window.open(this.href);return false;
The Central Maine and Quebec Railway, which is a subsidiary of New York investment firm Fortress Investment Group, made the revelations in documents filed on Feb. 14 with the federal Surface Transportation Board as part of the regulatory process to buy a railroad.
. . .
Giles told the Bangor Daily News on Tuesday that recapturing lost traffic does not necessarily mean the Central Maine and Quebec Railway plans to immediately resume carrying crude oil through Lac-Megantic, Quebec.
The Lac-Mégantic official said Fortress consultant John Giles told Ms. Roy-Laroche that he was in an information-gathering phase because the company was still unsure whether it wanted to go through with the MMA purchase. The transaction is expected to close some time in March.Haven't seen this reported before - the meeting in question took place anout 2/25. is Fortress getting cold feet?
“They wanted to know what we expected from the new owner,” the official said Wednesday. “It might be them, it might not be them, because they’re not sure they’re going to buy.”
NE87 wrote:It was reported by ANR&P that CMQR failed to close today which had been set as the deadline. Did they get an extension? Also hearing they are telling some shippers the east-west service won't resume until next winter.April 1st. I wouldn't be surprised. I predict first year (at least) they operate at a loss.
April 1st. I wouldn't be surprised. I predict first year (at least) they operate at a loss.Startup is supposed to be 4/1, closing was 3/14 to give them 2 weeks to get equipment and people together. Reading the court docs shows they need to reach an agreement with Lac Megantic to use the shoofly until the old ROW can be remediated or a bypass built. Based on news reports I'd say that Lac Megantic is trying to make a comittment to build the bypass a requirement for using the shoofly which is an non-starter for economic reasons.