@glennk419 The Southern Secondary has been put up for sale before and Chesapeake and Delaware (the parent company of BR&W) was one of the potential buyers. However, talks of a sale never went past the talking phase, so it’s probably not gonna happen at this point. Plus, NJT isn’t too willing to let go of this line for whatever reason.
South Lakewood to Toms River is owned by Conrail and they want nothing to do with it, so Seashore Lines could take it over. Anything north of Cross Street in South Lakewood is likely to be Conrail territory for the foreseeable future.
@Ken W2KB Another interesting find. I wasn’t aware that Seashore Lines owed these companies money.
At the same time, $300,000 isn’t too terribly much when it comes to railroads. Unless Seashore Lines has trouble making ends meet. I am not aware of the company’s financial status, but they do seem to be doing somewhat okay. They have income generated from their rail car storage and whatever they make off the passenger trains.
So here’s a question.
If Seashore Lines runs two trains a week with 30 cars each from Lakehurst to Woodmansie and back, how much would such a train make annually?