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Rail News Home Rail Industry Trends

10/14/2010



Rail News: Rail Industry Trends

Regional Rail to lease, operate NS track in New York


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Regional Rail L.L.C. recently entered into an agreement with Norfolk Southern Corp. to lease and operate 36 miles of track in New York known as the Campbell Hall Cluster for its Middletown and New Jersey Railroad L.L.C. (M&NJ) subsidiary. The deal includes associated trackage rights.

M&NJ will operate the Hudson secondary from Campbell Hall, N.Y., to a connection with the New York, Susquehanna and Western Railway Corp. in Warwick, N.Y.; the Walden secondary from Campbell Hall to Walden; and the Maybrook industrial track from Campbell Hall to Montgomery, N.Y.

The Campbell Hall Cluster serves a diverse customer base, and the lines are well positioned to serve expanding warehouse and distribution operations in the area, Regional Rail officials said in a prepared statement.    
 
“Our strong relationship and history of carload growth with NS at the M&NJ and at our other NS-served lines was a key to consummating this deal,” said Bob Parker, president and chief executive officer of Regional Rail, which also owns and operates the East Penn Railroad L.L.C. in eastern Pennsylvania and Delaware.


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