by artman
Sorry if this belongs in another thread...
From the Idaho Statesman:
"John Giles, CEO of Central Maine and Quebec Railway, which has assumed the bankrupt railroad's operations, said his focus is boosting the speed on 450 miles of track that's plagued by mandated speed reductions.
The successor railroad, which plans to spend $10 million on rail improvements over the next two years, has brought in tens of thousands of railroad ties and expects to take delivery of miles and miles of track within 10 days as part of its ongoing rehabilitation aimed at getting freight trains rolling at 25 mph, Giles said.
The company is doing well as it attempts to lure back customers, and traffic levels are already at 40 percent to 50 percent of what they were a couple of years ago under Montreal, Maine & Atlantic, he said."
Read more here: http://www.idahostatesman.com/2014/08/0 ... rylink=cpy" onclick="window.open(this.href);return false;
From the Idaho Statesman:
"John Giles, CEO of Central Maine and Quebec Railway, which has assumed the bankrupt railroad's operations, said his focus is boosting the speed on 450 miles of track that's plagued by mandated speed reductions.
The successor railroad, which plans to spend $10 million on rail improvements over the next two years, has brought in tens of thousands of railroad ties and expects to take delivery of miles and miles of track within 10 days as part of its ongoing rehabilitation aimed at getting freight trains rolling at 25 mph, Giles said.
The company is doing well as it attempts to lure back customers, and traffic levels are already at 40 percent to 50 percent of what they were a couple of years ago under Montreal, Maine & Atlantic, he said."
Read more here: http://www.idahostatesman.com/2014/08/0 ... rylink=cpy" onclick="window.open(this.href);return false;