Topic summary
Class III railroad

Extracted from the Wikipedia article Railroad classes.
Class III
Class III railroads are typically local shortline railroads serving a small number of towns and industries or hauling cars for one or more railroads; often, they once had been branch lines of larger railroads or even abandoned portions of main lines. Some Class III railroads are owned by railroad holding companies such as Genesee & Wyoming or Watco. The Maryland and Delaware Railroad, the Finger Lakes Railway the San Pedro Valley Railroad, and the Buckingham Branch Railroad are some examples of Class III railroads.