Progressive Railroading

RAIL EMPLOYMENT
Newsletter Sign Up
Stay updated on news, articles and information for the rail industry


All fields are required.





Rail News Home M&A

10/24/2003



Rail News: M&A

Morristown & Erie Railway to lease, operate Maine-owned lines


Morristown & Erie Railway Inc. (M&E) recently filed an exemption notice with Surface Transportation Board to lease and operate 85 track miles owned by the state of Maine.

The track comprises branch lines from Brunswick to Augusta and Rockland, and the Atlantic Branch Line in Rockland.

The 42-mile short line and Maine reached a lease/operating agreement, which is subject to existing freight operating rights held by Maine Central Railroad Co. and Springfield Terminal Railway Co. over portions of the lines.

Safe Handling Rail Inc. previously operated the lines under a state agreement, which expired Sept. 30.

M&E currently owns and operates track in two New Jersey counties and one Pennsylvania county.


Contact Progressive Railroading editorial staff.

More News from 10/24/2003