Progressive Railroading

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



This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.





RAIL EMPLOYMENT

Rail News Home Rail Industry Trends

4/24/2009



Rail News: Rail Industry Trends

CN's Algoma Central Railway acquires Colorado's Ski Train


advertisement

The Ski Train has taken it’s last run. On March 29, the train that shuttled skiers 56 miles between Denver's Union Station and Winter Park, Colo., ceased operations.

Ski Train owner and operator the Anschutz Co. has sold the service’s equipment to CN subsidiary Algoma Central Railway Inc.

Anschutz had been operating the Ski Train — which served the Colorado region for decades — at a “consistent loss over the past 21 years,” said company spokesman Jim Monaghan in a prepared statement.

"Profitability had never been the controlling issue with the Ski Train," he said. "However, more recently it has faced additional, serious challenges, including escalating costs — particularly liability coverage, operating conflicts with [Union Pacific] freight train traffic, substantial uncertainties posed by the redevelopment of Union Station, as well as long-term impacts resulting from this nation’s economic crises.”


Contact Progressive Railroading editorial staff.

More News from 4/24/2009