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Milford-Bennington Railroad
The Milford-Bennington Railroad, founded in 1987, is a shortline railroad in New Hampshire, United States. The company primarily hauls gravel, sand, and aggregates. The railroad operates of track owned by the State of New Hampshire between Bennington and Wilton, and has trackage rights over of connecting CSX Transportation trackage to Milford, New Hampshire. History The railroad was founded in 1987, but did not run its first train until 1992 when an agreement with Guilford Transportation for trackage rights between Wilton and Milford was reached. In the 2010s, the company had a dispute with Pan Am Railways over its trackage rights, with Pan Am attempting in 2018 to forcibly discontinue the Milford-Bennington Railroad's access to Milford when the agreement expired. Pan Am proposed that Milford-Bennington instead transfer traffic to it in Wilton, with Pan Am hauling traffic the remaining distance to Milford. Granite State, the company which ships gravel via the railroad, said ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Boston And Maine Railroad
The Boston and Maine Railroad was a United States, U.S. Class I railroad in northern New England. It was chartered in 1835, and became part of what was the Pan Am Railways network in 1983 (most of which was purchased by CSX in 2022). At the end of 1970, B&M operated on of track, not including Springfield Terminal Railway (ST), Springfield Terminal. That year it reported 2,744 million ton-miles of revenue freight and 92 million passenger-miles. History The Andover and Wilmington Railroad was incorporated March 15, 1833, to build a branch from the Boston and Lowell Railroad at Wilmington, Massachusetts, north to Andover, Massachusetts. The line opened to Andover on August 8, 1836. The name was changed to the Andover and Haverhill Railroad on April 18, 1837, reflecting plans to build further to Haverhill, Massachusetts (opened later that year), and yet further to Portland, Maine, Portland, Maine, with renaming to the Boston and Portland Railroad on April 3, 1839, opening to the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Shortline Railroad
A shortline railroad is a small or mid-sized railroad company that operates over a relatively short distance relative to larger, national railroad networks. The term is used primarily in the United States and Canada. In the former, railroads are categorized by operating revenue, and most shortline railroads fall into the Class III or Class II categorization defined by the Surface Transportation Board. History At the beginning of the railroad age, nearly all railway lines were shortlines, locally chartered, financed and operated; as the railroad industry matured, local lines were merged or acquired to create longer mainline railroads. Especially since 1980 in the U.S. and 1990 in Canada, many shortlines have been established when larger railroad companies sold off or abandoned low-profit portions of their trackage. Shortline operators typically have lower labor, overhead and regulatory costs than Class I railroads and therefore are often able to operate profitable lines that lo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
New Hampshire
New Hampshire ( ) is a U.S. state, state in the New England region of the Northeastern United States. It borders Massachusetts to the south, Vermont to the west, Maine and the Gulf of Maine to the east, and the Canadian province of Quebec to the north. Of the List of states and territories of the United States, 50 U.S. states, New Hampshire is the List of U.S. states and territories by area, seventh-smallest by land area and the List of U.S. states and territories by population, tenth-least populous, with a population of 1,377,529 residents as of the 2020 United States census, 2020 census. Concord, New Hampshire, Concord is the List of capitals in the United States, state capital and Manchester, New Hampshire, Manchester is the List of municipalities in New Hampshire, most populous city. New Hampshire's List of U.S. state mottos, motto, "Live Free or Die", reflects its role in the American Revolutionary War; its state nickname, nickname, "The Granite State", refers to its ext ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bennington, New Hampshire
Bennington is a town in Hillsborough County, New Hampshire, United States. The population was 1,501 at the 2020 census. The main village of the town, where 338 people resided at the 2020 census, is defined as the Bennington census-designated place (CDP) and is located on the Contoocook River at the intersection of New Hampshire routes 31 and 47. History Situated in an area once called "Society Land", the town was formed from parts of Deering, Francestown, Greenfield and Hancock. It was named to commemorate the 1777 Battle of Bennington, an American Revolutionary War battle fought in New York near Bennington, Vermont. The Vermont town in turn derived its name from New Hampshire governor Benning Wentworth. The town was incorporated in 1842. The first census, taken in 1850, recorded 541 residents. Located at the Great Falls of the Contoocook River, which drop over , Bennington provided water power for mills. The first gristmill was built in 1782, with a cotton mill i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Wilton, New Hampshire
Wilton is a New England town, town in Hillsborough County, New Hampshire, Hillsborough County, New Hampshire, United States. The population was 3,896 at the 2020 United States census, 2020 census. Like many small New England towns, it grew up around water-powered textile mills, but is now a rural bedroom community with some manufacturing and service employment. Wilton is home to the High Mowing School, a private preparatory school. The main village in town, where 1,324 people resided at the 2020 census, is defined by the U.S. Census Bureau as the Wilton (CDP), New Hampshire, Wilton census-designated place and is located near the junction of New Hampshire Routes New Hampshire Route 31, 31 and New Hampshire Route 101, 101, at the confluence of Stony Brook (Souhegan River tributary), Stony Brook with the Souhegan River. History The town was first part of a township chartered as "Salem-Canada" in 1735 by British North America, Colonial Governor Jonathan Belcher of Province of Massa ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Trackage Right
Railway companies can interact with and control others in many ways. These relationships can be complicated by bankruptcies. Operating Often, when a railroad first opens, it is only a short spur of a main line. The owner of the spur line may contract with the owner of the main line for operation of the contractee's trains, either as a separate line or as a branch with through service. This agreement may continue as the former railroad expands, or it may be temporary until the line is completed. If the operating company goes bankrupt, the contract ends, and the operated company must operate itself. Leasing A major railroad may lease a connecting line from another company, usually the latter company's full system. A typical lease results in the former railroad (the lessee) paying the latter company (the lessor) a certain yearly rate, based on maintenance, profit, or overhead, in order to have full control of the lessor's lines, including operation. If the lessee goes bankrupt, t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
CSX Transportation
CSX Transportation , known colloquially as simply CSX, is a Class I freight railroad company operating in the Eastern United States and the Canadian provinces of Ontario and Quebec. Operating about 21,000 route miles () of track, it is the leading subsidiary of CSX Corporation, a Fortune 500 company headquartered in Jacksonville, Florida. CSX Corporation was formed in 1980 from the merger of Chessie System and Seaboard Coast Line Industries, two holding companies that controlled railroads operating in the Eastern United States. Initially only a holding company, the subsidiaries that made up CSX Corporation completed merging in 1987. CSX Transportation formally came into existence in 1986, as the successor of Seaboard System Railroad. In 1999, CSX Transportation acquired about half of Conrail in a joint purchase with competitor Norfolk Southern Railway. In 2022, it acquired Pan Am Railways, extending its reach into northern New England. Norfolk Southern remains CSX's chief ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Milford, New Hampshire
Milford is a town in Hillsborough County, New Hampshire, United States, on the Souhegan River. The population was 16,131 at the 2020 census, up from 15,115 at the 2010 census.United States Census BureauU.S. Census website 2010 Census figures. Retrieved March 23, 2011. It is the retail and manufacturing center of a multi-town area known informally as the Souhegan Valley. The town center, where 9,212 people lived at the 2020 census, is defined as the Milford census-designated place (CDP), and is located at the junction of New Hampshire routes 13 and 101A. History Milford separated from neighboring Amherst in 1794. Like most towns named Milford in the United States, its name comes from the fact that it grew around a mill built on a ford—in this case on the Souhegan River. Milford was once home to numerous granite quarries, which produced a stone that was used, among other things, to make the —as seen on the back of the American $10 bill. Its nickname remains "The G ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Guilford Transportation
Pan Am Systems was a privately held Portsmouth, New Hampshire-based Florida corporation composed of rail transport, manufacturing and energy, transportation related brands, and real estate divisions. It formerly held a now-defunct airline division. Pan Am Systems was put up for sale in July 2020. On November 30, 2020, CSX Corporation announced that it had signed a definitive agreement to purchase Pan Am Systems. The sale of Pan Am Systems to CSX underwent regulatory review by the Surface Transportation Board, which approved the sale on April 14, 2022. At midnight on June 1, 2022, CSX began operating Pan Am Systems and its Pan Am Railways; also, Pan Am Systems was merged into a temporary subsidiary of CSX which will eventually merge into CSX. History 1981–2020 Guilford Transportation Industries (GTI) was formed in 1981. GTI entered the railroad business in 1981 with its purchase of the Maine Central Railroad Company from U.S. Filter Corporation. This was followed by its 1983 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Trackage Rights
Railway companies can interact with and control others in many ways. These relationships can be complicated by bankruptcies. Operating Often, when a railroad first opens, it is only a short spur of a main line. The owner of the spur line may contract with the owner of the main line for operation of the contractee's trains, either as a separate line or as a branch with through service. This agreement may continue as the former railroad expands, or it may be temporary until the line is completed. If the operating company goes bankrupt, the contract ends, and the operated company must operate itself. Leasing A major railroad may lease a connecting line from another company, usually the latter company's full system. A typical lease results in the former railroad (the lessee) paying the latter company (the lessor) a certain yearly rate, based on maintenance, profit, or overhead, in order to have full control of the lessor's lines, including operation. If the lessee goes bankrupt, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Pan Am Railways
Pan Am Railways, Inc. (PAR) is a subsidiary of CSX Corporation that operates Class II regional railroads covering northern New England from Mattawamkeag, Maine, to Rotterdam Junction, New York. Pan Am Railways is primarily made up of former Class II regional railroads such as Boston and Maine Corporation, Maine Central Railroad Company, Portland Terminal Company, and Springfield Terminal Railway Company. It was formerly known as Guilford Transportation Industries and was also known as Guilford Rail System. Guilford bought the name, colors, and logo of Pan American World Airways in 1998. The company is a subsidiary of CSX Corporation under rail subsidiary CSX Transportation since June 1, 2022, Pan Am Railways former parent company was Portsmouth, New Hampshire-based Pan Am Systems. It was headquartered in Iron Horse Park in North Billerica, Massachusetts. Pan Am Railways parent Pan Am Systems was put up for sale in July 2020. On November 30, 2020, CSX Corporation announce ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Surface Transportation Board
The Surface Transportation Board (STB) of the United States is an independent federal agency that serves as an adjudicatory board. The board was created in 1996 following the abolition of the Interstate Commerce Commission (ICC) and absorbed regulatory powers relevant to the railroad industry previously under the ICC's purview.ICC rides into the sunset ''Trains (magazine), Trains'' April 1996 page 18 The STB has broad economic Regulation, regulatory oversight of railroads in the United States, including matters related to the construction, Mergers and acquisitions, acquisition, abandonment of rail lines, railbanking, carrier mergers, and interchange of traffic between carriers and some passenger rail matters. The board also has jurisdiction over the "intercity bus industry, non-energy pipelines, household goods carriers’ tariffs, and rate regulation of non-contiguous domestic water transportation". The board comprises five members nominated by the President, each subject to Un ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
