Mass Coastal Railroad (MC) Discussion

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Narrowgauger
Posts: 153
Joined: Tue Aug 16, 2011 6:39 pm

Re: Mass Coastal Railroad (MC) Discussion

Post by Narrowgauger » Mon Dec 09, 2019 12:07 pm

Its simple...the T has a bottomless pit of money....the taxpayers

PBMcGinnis
Posts: 50
Joined: Mon Jul 12, 2010 8:49 am

Re: Mass Coastal Railroad (MC) Discussion

Post by PBMcGinnis » Mon Dec 09, 2019 1:51 pm


troffey
Posts: 126
Joined: Sat Jan 21, 2017 8:36 pm

Re: Mass Coastal Railroad (MC) Discussion

Post by troffey » Mon Dec 09, 2019 6:04 pm

I can't read the article, but is that based on problems at Mass Coastal or with the IPH mothership?

Safetee
Posts: 333
Joined: Sat Oct 16, 2010 8:07 am

Re: Mass Coastal Railroad (MC) Discussion

Post by Safetee » Mon Dec 09, 2019 6:24 pm

mc is in ips stew for better or worse because the majority ownership of mc is in ips hands. ip owes millions of dollars from elves to banks to the irs. all those folks lacking payment from ip are seeking to get repaid in cash which ip doesnt appear to have a lot of. so, then folks start looking at assets. in the mcs case their longtime president and part owner wants to buy the mc from ip . i am unclear whether ip or the creditors or a court would be the ones setting a selling price. one way or t'other the price asked will probably be closer to the perceived needs to repay the creditors than any desire to free mc from the ip soup.

R&PEditor
Posts: 21
Joined: Mon May 20, 2019 7:13 am

Re: Mass Coastal Railroad (MC) Discussion

Post by R&PEditor » Mon Dec 09, 2019 9:02 pm

Any line slower than the Green Line would have to have trains running backwards. :wink:
johnpbarlow wrote:
Mon Dec 09, 2019 6:26 am
Perhaps this is an irrelevant response but Grafton and Upton has been acquiring many used ties that I believe come from various MBTA track renewal projects. There is a stack of experienced ties in Milford that have the rail-clip compatible tie plates bolted on to the tie suggesting to me they were previously used on the Green Line. Wonder why MassDOT doesn't re-use ties of this ilk on the lower speed secondary lines?

PBMcGinnis
Posts: 50
Joined: Mon Jul 12, 2010 8:49 am

Re: Mass Coastal Railroad (MC) Discussion

Post by PBMcGinnis » Fri Dec 13, 2019 2:59 pm

Rumor is Mass Coastal might attempt to buy itself out from receivership and operate as a new, separate identity, free of the Iowa Pacific fiasco.

Falmouth Secondary to Otis
Posts: 189
Joined: Sun Jul 16, 2017 2:12 pm
Location: Cape Cod, MA

Re: Mass Coastal Railroad (MC) Discussion

Post by Falmouth Secondary to Otis » Tue Dec 31, 2019 7:26 pm

Was reading MassDOT bids and see that 22 RR Crossings are up for rehabilitation on the Cape main, South Dennis secondary, Falmouth secondary, Framingham & Middleboro lines in 2020. Looks like they are trying to catch up as all the Cape crossings were out on bid & scheduled for rehab last year, but didn't get done for some reason.

https://www.commbuys.com/bso/external/b ... entUrl=bid

Falmouth Secondary to Otis
Posts: 189
Joined: Sun Jul 16, 2017 2:12 pm
Location: Cape Cod, MA

Re: Mass Coastal Railroad (MC) Discussion

Post by Falmouth Secondary to Otis » Fri Jan 10, 2020 10:16 am

Looks like someone was looking to derail Mass Coastal in Buzzards Bay with concrete blocks placed on the tracks, fortunately that idea failed as it's a low speed zone approaching the bridge and the Engineer was able to stop.

https://www.capenews.net/bourne/news/co ... 17d82.html

User avatar
BandA
Posts: 2891
Joined: Thu Oct 11, 2012 11:47 am

Re: Mass Coastal Railroad (MC) Discussion

Post by BandA » Fri Jan 10, 2020 3:58 pm

Hope they catch the culprits as that isn't funny. These could have been rolled by a couple of people. Are there not security cameras in that area?

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