by KSmitty
Have heard it was costing them $1M a week. Dont know if that number covered the cost of detours or just the cleanup and tunnel repair. Either way, it's been an expensive couple months.
Railroad Forums
Moderator: MEC407
pumpers wrote: ↑Wed Apr 01, 2020 8:33 pm I wonder if we will ever find out how big the bill to fix the tunnel was?Generally, a financial statement of cash flows, an income statement, or an annual report would break out "extraordinary items". But are the statements accessible? A lot depends on their ownership status and regulatory requirements. I'm not sure if they're publicly traded or not; last I read, years ago, was that they were privately held. A cursory search did not reveal any stock information, and their home page did not have an investor relations tab/page. So no. You're not going to get 10-Q's or K's, or other SEC type disclosures.
Progress continues toward restoring train service to and from Ayer, MA following a partial-wall collapse in the Hoosac Tunnel on February 12, 2020. Pan Am Railway expects service to be restored between Albany, NY and Ayer, MA by Saturday, April 4th.http://www.nscorp.com/content/nscorp/en ... ate-0.html
Effective 12:01am Monday, April 6, 2020, all ingates will re-open to shipments billed for movement to and from Ayer.