Official New England Southern Thread (NEGS)

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BandA
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Re: Official New England Southern Thread (NEGS)

Post by BandA » Mon Mar 11, 2019 5:36 pm

I hope the seller got cash for the transaction!!

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NHV 669
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Re: Official New England Southern Thread (NEGS)

Post by NHV 669 » Wed Mar 13, 2019 4:54 am

He did, that was pointed out two pages ago.
Casey

NHVT 669 sits at the south end of the "Pompy" line in White River Jct., VT on 4/29/1993. Photo by Richard Roberg.

Rockguy
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Re: Official New England Southern Thread (NEGS)

Post by Rockguy » Sat Mar 16, 2019 11:32 am

Backshophoss wrote:Is "United Rail" a spinoff of the "remains" of X-train?? Possibly an enforced spinoff by Virgin Rail USA?
Tread carefully, X-train left a lot of unhappy people in their wake.
The virgin rail is not related to Xtrain. Virgin is a competitor that might actually get it done. No way this can support two trains so virgin will kill any last hopes. Air travel is 50 min or so and $90 between la and Vegas. Hard for a train to compete that would take many hours to get to Vegas and cost at best only slightly less money. Only selling point is no tsa line.

Lookup shearson financial, finet, and liberty capital asset management which became Xtrain which became united rail. Lots of press releases on great stuff that was going to happen soon but nothing ever really panned out.

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NHV 669
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Re: Official New England Southern Thread (NEGS)

Post by NHV 669 » Mon Mar 25, 2019 8:49 pm

The Winnimac Southern line mentioned a few pages back is now a G&W property, cross another revenue source off the list for United Rail.
Casey

NHVT 669 sits at the south end of the "Pompy" line in White River Jct., VT on 4/29/1993. Photo by Richard Roberg.

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NHV 669
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Re: Official New England Southern Thread (NEGS)

Post by NHV 669 » Tue Apr 30, 2019 7:04 pm

Stored car is off the bridge, as of Saturday 4/27, saw ties laid on the RoW by the 293 exit, couldn't tell if they were the new ones, but stacks of new ties weren't far behind.
Casey

NHVT 669 sits at the south end of the "Pompy" line in White River Jct., VT on 4/29/1993. Photo by Richard Roberg.

b&m 1566
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Re: Official New England Southern Thread (NEGS)

Post by b&m 1566 » Tue Apr 30, 2019 8:01 pm

I think they serviced the customer in Tilton last Friday. Is the sale to United Rail final or still owned by Peter?

J.D. Lang
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Re: Official New England Southern Thread (NEGS)

Post by J.D. Lang » Wed May 01, 2019 7:16 am

Picture of NEGS in Concord on 4/27. Thanks to Jay Gadon.

http://photos.nerail.org/showpic/?photo ... ex=4&key2=" onclick="window.open(this.href);return false;
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BowdoinStation
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Re: Official New England Southern Thread (NEGS)

Post by BowdoinStation » Wed May 01, 2019 10:26 am

The New England Southern Crews went north with two loads on Saturday 4/27 and south to Concord with one empty on Sunday 4/28. It does not appear that anything has changed hands..

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Re: Official New England Southern Thread (NEGS)

Post by b&m 1566 » Mon Aug 05, 2019 2:51 pm

The sale of New England Southern Railroad did not materialize.
Las Vegas-based railroad consolidator United Rail was expected to buy the Concord, N.H., line, the state’s oldest, but the June 30 deadline for the sale is now expired.
New England Southern President Peter Dearness broke the news and is only saying that the short line is still operational. The railroad carries freight on 73 miles of track from Concord to the north. United Rail wants to establish a presence in the east, but no one knows why the deal was ditched.
See link to read the rest of the article.

PBMcGinnis
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Re: Official New England Southern Thread (NEGS)

Post by PBMcGinnis » Tue Aug 06, 2019 7:46 am

Another fraud and Ponzi scheme exposed, just like the jokers at the Boston Surface Transportation Railroad.
"United Rail" keeps chirping about LA to Vegas Express trains but has no capital. Meanwhile a real company, Virgin Trains, has come forward with capital, a proposal and some legit history behind it in the same corridor. They already run Brightline express trains into Miami, FL.

BowdoinStation
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Re: Official New England Southern Thread (NEGS)

Post by BowdoinStation » Tue Aug 06, 2019 11:55 am

United Rail seems to be on the prowl to acquire the Saratoga & North Creek line in NY State, and up to other filings with the STB. The seemed a notch slightly above the full fledged scam known as the "Boston Surface Railroad Company" which is going no where fast. Nice to see their shiny yellow locomotive still in the capable hands of the good guys !!

PBMcGinnis
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Re: Official New England Southern Thread (NEGS)

Post by PBMcGinnis » Tue Aug 06, 2019 12:09 pm

United Rail is a scam and a Ponzi scheme.
They are "looking for capital" so that should tell you something.
Only difference is they are from Las Vegas instead of locally grown.

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BandA
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Re: Official New England Southern Thread (NEGS)

Post by BandA » Tue Aug 06, 2019 7:52 pm

You need to use probably, allegedly, it appears, most likely

BowdoinStation
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Re: Official New England Southern Thread (NEGS)

Post by BowdoinStation » Mon Aug 12, 2019 8:42 am

On Friday 8/9, the New England Southern Crew took care of business, making their complete 3rd run of the season, departing from their Canterbury World HQ south to Concord, north to Tilton with loads, south to Concord with empties, then north back to Canterbury, light.

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