roberttosh wrote:They sure don’t have much on-line business left in a Maine besides some propane and some tank car traffic down in Searsport. Hard to imagine they’re very profitable these days.Some propane? They've got a ton of LPG going in, they ran an extra job on Sunday with 3 SDs and mostly LPG down to NMJ. Granted, it's seasonal traffic, but many of their LPG customers expanded between last year and this. As for online traffic, they have a good bit of traffic off the MNR wrapped up since the NBSR operates its properties like a terminal RR (IE connecting railroads come in and quote customers directly) and the bridge to Saint John of course will be the most important connection.
The cross lamination lumber plant for Millinocket was never on the radar for rail service. The LMS loss is a blow for sure, perhaps a new warehousing solution will present itself. Otherwise, things are growing steadily (new business online in Canada too). Let's see what happens in 19'Q1 if they start seeking interested parties in a sale and if so, hopefully its not someone like GWI that comes in.