by Montreal Ltd
This just announced by CP:
CPR, CN and Norfolk Southern Railway today announced an agreement that is another major development in our efforts to turn the D&H into a profitable operation on a sustained, long-term basis.
This three-railroad agreement provides a significantly shorter, more direct routing over D&H lines for NSR-CN interline traffic moving between Eastern Canada and the Eastern U.S. Under the agreement:
CN traffic destined for the Eastern U.S. will move in CPR trains on D&H's line between Rouses Point, N.Y., and Saratoga Springs, N.Y., under a freight haulage arrangement between CPR and NSR;
This CN traffic will then move in NSR trains over D&H's line between Saratoga Springs and the NSR connection near Harrisburg, Pa., under trackage rights agreements between CPR and NSR.
The D&H routing is 330 miles shorter and as much as two days faster than the routing CN and NSR currently take through the Buffalo, N.Y., gateway. The agreement will immediately generate a train a day of new business in each direction, seven days a week - or about 20,000 shipments annually - on the D&H. This will improve traffic density and generate significant additional revenue. The new traffic is expected to begin moving over the D&H on Nov. 19.
Six new crew positions will be created on the D&H to handle freight haulage between Rouses Point and Saratoga Springs.
This latest development follows a series of transactions between CPR and NSR that will improve operational efficiency on the D&H and enhance rail service in the northeastern U.S. These transactions involve trackage rights and freight haulage and yard services.
D&H employees have worked hard to improve this part of our network. Today, operations are running well and personal safety has improved significantly. Going forward, our new agreements will reduce operating costs and increase revenue. Things are moving in the right direction for the D&H. That is not to say our work is finished. The D&H must become a fully self-sufficient part of our franchise. Let's continue the good work.
CPR, CN and Norfolk Southern Railway today announced an agreement that is another major development in our efforts to turn the D&H into a profitable operation on a sustained, long-term basis.
This three-railroad agreement provides a significantly shorter, more direct routing over D&H lines for NSR-CN interline traffic moving between Eastern Canada and the Eastern U.S. Under the agreement:
CN traffic destined for the Eastern U.S. will move in CPR trains on D&H's line between Rouses Point, N.Y., and Saratoga Springs, N.Y., under a freight haulage arrangement between CPR and NSR;
This CN traffic will then move in NSR trains over D&H's line between Saratoga Springs and the NSR connection near Harrisburg, Pa., under trackage rights agreements between CPR and NSR.
The D&H routing is 330 miles shorter and as much as two days faster than the routing CN and NSR currently take through the Buffalo, N.Y., gateway. The agreement will immediately generate a train a day of new business in each direction, seven days a week - or about 20,000 shipments annually - on the D&H. This will improve traffic density and generate significant additional revenue. The new traffic is expected to begin moving over the D&H on Nov. 19.
Six new crew positions will be created on the D&H to handle freight haulage between Rouses Point and Saratoga Springs.
This latest development follows a series of transactions between CPR and NSR that will improve operational efficiency on the D&H and enhance rail service in the northeastern U.S. These transactions involve trackage rights and freight haulage and yard services.
D&H employees have worked hard to improve this part of our network. Today, operations are running well and personal safety has improved significantly. Going forward, our new agreements will reduce operating costs and increase revenue. Things are moving in the right direction for the D&H. That is not to say our work is finished. The D&H must become a fully self-sufficient part of our franchise. Let's continue the good work.
maybe they will regain there place as a high stakes player like they once had been in there glory days. 