Railfan.com
A week after learning that its largest freight customer was calling it quits, the president of Maine’s Midcoast Railservice said the company is forging ahead to try and find new traffic on the scenic Rockland Branch and establish a connecting passenger service with Amtrak.
That effort will determine the future of the former Maine Central branch between Brunswick and Rockland; Midcoast has the contract to operate the line through 2025, although it has the opportunity to pull out early if its parent company, Finger Lakes Railway, doesn’t believe it can turn a profit. But Mike Smith, president of Finger Lakes, said he isn’t thinking about leaving the operation yet.
“We’re going to continue our program of finding new business and we’ll see how it goes,” he said.
On September 6, the largest freight customer on the branch, Dragon Products Company, announced that it would shutter its cement plant at Thomaston. The plant there has been open for more than a century and this year is on track to send out more than 1,300 carloads. In a press release, the company cited increasing costs as the reason for closing. The closing process is expected to begin at the end of this year and be complete by 2025.
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Next stop, Willoughby
~el Jefe :: RAILROAD.NET Site Administrator/Co-Owner; Carman at Naugatuck Railroad
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~el Jefe :: RAILROAD.NET Site Administrator/Co-Owner; Carman at Naugatuck Railroad
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