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Delaware Otsego Corporation
The Delaware Otsego Corporation (DO) is an American railway holding company which owns the New York, Susquehanna and Western Railway and the Central New York Railroad. It is headquartered in Cooperstown, New York in Otsego County. The company was established in 1965 as the Delaware Otsego Railroad by Walter G. Rich, and was once known for operating a successful family of short line railroads throughout New York and New Jersey which was collectively known as the DO System. The New York, Susquehanna and Western Railroad and the Central New York Railroad are the only remaining railroads owned by the Delaware Otsego Corporation. The Delaware Otsego Corporation holding company is also a subsidiary, as it is owned by DOCP Acquisition LLC. History The Delaware Otsego Corporation was established as the Delaware Otsego Railroad by Syracuse University law school student Walter G. Rich. The company was formed when Walter G. Rich started operating a portion of the New York Central Rail ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Upstate New York
Upstate New York is a geographic region consisting of the area of New York State that lies north and northwest of the New York City metropolitan area. Although the precise boundary is debated, Upstate New York excludes New York City and Long Island, and most definitions of the region also exclude all or part of Westchester and Rockland counties, which are typically included in Downstate New York. Major cities across Upstate New York from east to west include Albany, Utica, Binghamton, Syracuse, Rochester, and Buffalo. Upstate New York is divided into several subregions: the Hudson Valley (of which the lower part is sometimes debated as to being "upstate"), the Capital District, the Mohawk Valley region, Central New York, the Southern Tier, the Finger Lakes region, Western New York, and the North Country. Before the European colonization of the United States, Upstate New York was populated by several Native American tribes. It was home to the Iroquois Confederacy, an i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Fonda, Johnstown & Gloversville Railroad
The Fonda, Johnstown and Gloversville Railroad (FJ&G) was formerly a 132-mile steam engine and electric interurban railroad that connected its namesake towns in east central New York State to Schenectady, New York. It had a successful and profitable transportation business from 1870 until the 1980s carrying workers, salesmen, and executives of the very large number of glove manufacturing companies in the area to the New York Central (NYC) station at Schenectady. From here they could catch trains south to New York City (NYC) or west to Chicago. It also handled freight and had freight interchange with both the New York Central and the Delaware and Hudson railroads. Passenger business declined starting before the Great Depression and particularly during it. Following a determined and expensive effort to recapture passenger business by acquiring five ultra modern high-speed Brill Bullet interurban cars in 1932, the FJ&G abandoned passenger service in 1938. Freight business continue ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
National Railway Historical Society
The National Railway Historical Society (NRHS) is a non-profit organization established in 1935 in the United States to promote interest in, and appreciation for the historical development of railroads. It is headquartered in Philadelphia, Pennsylvania, and organized into 16 regions and 170 local chapters located in the United States, Canada, and the United Kingdom. The NRHS sponsors the popular RailCamp summer orientation program in partnership with Amtrak and the National Park Service, offering high school youth hands-on experience in the railroad industry. National organization History The NRHS was formed in Baltimore, Maryland, on August 18, 1935, when railfans from Lancaster, Pennsylvania, Philadelphia, Trenton, New Jersey, and New York City gathered there for a farewell excursion on the then soon-to-be-abandoned Washington, Baltimore and Annapolis Electric Railway. Officers from railfan clubs in those cities decided to merge and form a national organization, which t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Delaware & Hudson
The Delaware and Hudson Railway (D&H) is a railroad that operates in the Northeastern United States. In 1991, after more than 150 years as an independent railroad, the D&H was purchased by the Canadian Pacific Railway (CP). CP operates D&H under its subsidiary Soo Line Corporation which also operates Soo Line Railroad. D&H's name originates from the 1823 New York state corporation charter listing "The President, Managers and Company of the Delaware & Hudson Canal Co." authorizing an establishment of "water communication" between the Delaware River and the Hudson River. Nicknamed "The Bridge Line to New England and Canada," D&H connected New York with Montreal, Quebec and New England. D&H has also been known as "North America's oldest continually operated transportation company." On September 19, 2015, the Norfolk Southern Railway completed acquisition of the D&H South Line from CP. The D&H South Line is 282 miles (454 kilometers) long and connects Schenectady, New York ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Southern Tier Line
The Southern Tier Line is a railroad line owned and operated by the Norfolk Southern Railway in the U.S. states of New York and Pennsylvania. A mostly former Erie Railroad line, it is suggested that the line runs from Suffern, New York northwest to Buffalo, New York as it shares trackage with Metro-North Railroad’s Port Jervis Line from Suffern to Port Jervis; NS owns the Suffern to Port Jervis trackage and leases it to Metro-North so it can maintain it for its Port Jervis Line passenger operation. From its east end, NS has trackage rights south on the New Jersey Transit Main and Bergen County Lines to Conrail's North Jersey Shared Assets Area. From Port Jervis to Binghamton, the line is leased to and maintained by the Central New York Railroad, part of the Delaware Otsego Corporation. It junctions with the Lake Erie District at its west end. Along the way it meets the Corning Secondary at Corning, New York. History The oldest piece of the line, from Suffern to Newburgh Junctio ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Utica Branch
Utica may refer to: Places * Utica, Tunisia, ancient city founded by Phoenicians *Útica, a village in Cundinamarca, Colombia * Port Perry/Utica Field Aerodrome, Canada United States * Utica, New York *Utica Mansion, in Angels Camp, California * North Utica, Illinois, usually called "Utica, Illinois" ** Utica Bridge **Utica station (Illinois) * Utica Township, LaSalle County, Illinois * Utica, Indiana **Utica Township, Clark County, Indiana * Utica Township, Chickasaw County, Iowa *Utica, Kansas *Utica, Kentucky *Utica, Maryland *Utica, Michigan * Utica, Minnesota * Utica Township, Winona County, Minnesota * Utica, Mississippi *Utica, Missouri * Utica, Montana * Utica, Nebraska * Utica, Ohio, in Licking County on the Knox County line * Utica, Warren County, Ohio * Utica, Oklahoma * Utica Square, in Tulsa, Oklahoma * Utica, Pennsylvania * Utica, South Carolina * Utica, South Dakota * Utica, Texas, a ghost town in Smith County, Texas * Utica, West Virginia * Utica, Crawford County, W ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Erie Lackawanna
The Erie Lackawanna Railway , known as the Erie Lackawanna Railroad until 1968, was formed from the 1960 merger of the Erie Railroad and the Delaware, Lackawanna & Western Railroad. The official motto of the line was "The Friendly Service Route". Like many railroads in the northeast already financially vulnerable from the expanding U.S. Interstate Highway System, the line was severely weakened fiscally by the extent, duration and record flood levels due to Hurricane Agnes in 1972. It would never recover. Most of the corporation's holdings became part of Conrail in 1976, ending its sixteen years as an independent operating railroad company. History Formation and early success The Interstate Commerce Commission approved the merger on Sept. 13, 1960, and on Oct. 17 the Erie Railroad and Delaware, Lackawanna and Western Railroad merged to form the Erie Lackawanna Railroad. The EL struggled for most of the 16 years it existed. The two railroads that created it were steadily losing ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Lehigh And Hudson River Railway
The Lehigh and Hudson River Railway (L&HR) was the smallest of the six railroads that were merged into Conrail in 1976. It was a bridge line running northeast–southwest across northwestern New Jersey, connecting the line to the Poughkeepsie Bridge at Maybrook, New York with Easton, Pennsylvania, where it interchanged with various other companies. History The Warwick Valley Railroad was organized March 8, 1860 as a branch of the New York and Erie Rail Road, branching from it at Greycourt southwest to Warwick, New York. It opened in 1862 and was operated by the Erie. The Pequest and Wallkill Railroad was chartered by 1870 to build an extension in New Jersey, running from Belvidere on the Delaware River and Belvidere Delaware Railroad northeast to the New York state line. The Lehigh and Hudson River Railroad was chartered later as a competitor, planning to build from Belvidere to McAfee, with the Wawayanda Railroad running the rest of the way to the state line. In April/May 18 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Norfolk Southern
The Norfolk Southern Railway is a Railroad classes, Class I freight railroad in the United States formed in 1982 with the merger of Norfolk and Western Railway and Southern Railway (U.S.), Southern Railway. With headquarters in Atlanta, the company operates 19,420 route miles (31,250 km) in 22 eastern states, the Washington, D.C., District of Columbia, and has rights in Canada over the Albany, New York, Albany to Montreal, Montréal route of the Canadian Pacific Railway. NS is responsible for maintaining , with the remainder being operated under trackage rights from other parties responsible for maintenance. Intermodal containers and trailers are the most common commodity type carried by NS, which have grown as coal business has declined throughout the 21st century; coal was formerly the largest source of traffic. The railway offers the largest intermodal freight transport, intermodal rail network in eastern North America. NS was also the pioneer of Roadrailer service. Norfol ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Tender Offer
In corporate finance, a tender offer is a type of public takeover bid. The tender offer is a public, open offer or invitation (usually announced in a newspaper advertisement) by a prospective acquirer to all stockholders of a publicly traded corporation (the target corporation) to tender their stock for sale at a specified price during a specified time, subject to the tendering of a minimum and maximum number of shares. In a tender offer, the bidder contacts shareholders directly; the directors of the company may or may not have endorsed the tender offer proposal. To induce the shareholders of the target company to sell, the acquirer's offer price is usually at a premium over the current market price of the target company's shares. For example, if a target corporation's stock were trading at $10 per share, an acquirer might offer $11.50 per share to shareholders on the condition that 51% of shareholders agree. Cash or securities may be offered to the target company's shareholders, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
New York, Susquehanna And Western Railroad
The New York, Susquehanna and Western Railway (or New York, Susquehanna and Western Railroad and also known as the Susie-Q or the Susquehanna) is a Class II American freight railway operating over 400 miles (645 km) of track in the northeastern U.S. states of New York, Pennsylvania, and New Jersey. The railroad was formed in 1881 from the merger of several smaller railroads. Passenger service in northern New Jersey was offered until 1966. The railroad was purchased by the Delaware Otsego Corporation in 1980, and saw success during the 1980s and 1990s in the intermodal freight transport business. The railroad uses three main routes: a Southern Division running from Jersey City, New Jersey to Binghamton, New York and a Northern Division formed by two branches north of Binghamton serving Utica and Syracuse. The Utica Branch is notable for street running down the center of Schuyler Street. History Before the New York, Susquehanna and Western Railway The New York, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Toledo, Peoria And Western Railway
The Toledo, Peoria and Western Railway is a short line railroad that operates of track from Mapleton, Illinois, through Peoria across Illinois to Logansport, Indiana. TP&W has trackage rights between Galesburg, Illinois, and Peoria, between Logansport and Kokomo, Indiana, and between Reynolds, Indiana, and Lafayette, Indiana. TPW has connections with UP, BNSF, NS, CSXT, CN, CP, CERA, CIM, KBSR and T&P. The railroad is now owned by Genesee & Wyoming Inc. The railroad's traffic comes largely from agricultural products, including both raw and processed grain products, as well as chemicals and completed tractors. The TPW hauled around 26,000 carloads in 2008. Early history Toledo, Peoria & Western's earliest ancestor was the Peoria and Oquawka Railroad. The eastern extension began construction, three years after its charter, in 1855. The Toledo, Peoria & Warsaw Railway was chartered in 1863, and opened in 1868 from the state line at Indiana across Illinois to the Mississippi Rive ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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