NS buys ex-D&H south of Albany

Frank Campagna Nov 19, 2014

  1. Frank Campagna

    Frank Campagna TrainBoard Member

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  2. BoxcabE50

    BoxcabE50 HOn30 & N Scales Staff Member TrainBoard Supporter

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    Interesting. I'd not heard nor read any rumors. It has me wondering what CP is planning for the NE USA.
     
  3. Frank Campagna

    Frank Campagna TrainBoard Member

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    CP is planning to keep the Rouses Point to Schenectady line for now. They will continue to move shale oil on the north end and serve the GE plant in Schenectady. With the price of oil so low, shale oil may become unprofitable, and things could change drastically.
     
  4. YoHo

    YoHo TrainBoard Supporter

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    Rumors are that this deal has been long coming and predates the CP CSX take over talk.


    It gives NS more control over their Chicago to Boston business.
     
  5. BoxcabE50

    BoxcabE50 HOn30 & N Scales Staff Member TrainBoard Supporter

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    How is CP financially these days? Could this move be to raise a bit of capital?
     

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