Last year we wrote about railroad revitalization in New Hampshire.
The New Hampshire Northcoast Corporation (reporting mark NHN) operates part of the former Boston and Maine Corporation‘s Conway Branch between Rollinsford and Ossipee, New Hampshire. The railroad’s primary traffic is quarried sand. It interchanges cars with Pan Am Railways in Dover; the cars are then taken to Boston Sand & Gravel in Massachusetts.
Now we have a new development:
Genesee & Wyoming Inc. has reached an asset purchase agreement with Claremont Concord Railroad to acquire its rail line in Claremont, N.H., and lease to operate over a state-owned line in West Lebanon, N.H., according to a report in the Valley News.
G&W subsidiary New England Central Railroad last week notified the Surface Transportation Board of the transaction, the newspaper reported. A G&W spokesman confirmed to the newspaper that the company was acquiring Claremont Concord, but declined to comment further.
Claremont Concord Railroad owner Christopher Freed did not respond to the newspaper’s requests to comment. He acquired the railroad in 2002 from LaValley Building Supply.