Vermont Valley Railroad
Encyclopedia
The Vermont Valley Railroad was a 20.8 mile line now called the Connecticut River Line. In 1988, the Interstate Commerce Commission
ordered the B&M to sell it to Amtrak
, with trackage rights
staying with the B&M. Amtrak was allowed to sell it to the Central Vermont Railway
, part of the Canadian National Railway
. The CV obtained the line on September 9. The sale was made because the track condition was not suitable for running Amtrak's Montrealer passenger trains, and Amtrak had to discontinue service on April 5, 1987. Service resumed in July 1989 after Amtrak paid the CV to upgrade the line. http://www.usdoj.gov/osg/briefs/1990/sg900109.txt
The companies were unable to agree on a permanent trackage rights agreement, and in 1990, the ICC imposed terms, in which the B&M could serve all "existing shippers and shippers' facilities" located on the line and in operation during the 12 months prior to the sale to the CV. The New England Central Railroad
acquired the line from the CV in 1994, and the Springfield Terminal Railway has since acquired the trackage rights assigned to the B&M. http://stb.dot.gov/decisions/ReadingRoom.nsf/81bf651a81749a7e85257048006a395c/ce0d8d74836ee99685256b30006b0dfb?OpenDocument
Interstate Commerce Commission
The Interstate Commerce Commission was a regulatory body in the United States created by the Interstate Commerce Act of 1887. The agency's original purpose was to regulate railroads to ensure fair rates, to eliminate rate discrimination, and to regulate other aspects of common carriers, including...
ordered the B&M to sell it to Amtrak
Amtrak
The National Railroad Passenger Corporation, doing business as Amtrak , is a government-owned corporation that was organized on May 1, 1971, to provide intercity passenger train service in the United States. "Amtrak" is a portmanteau of the words "America" and "track". It is headquartered at Union...
, with trackage rights
Trackage rights
Trackage rights , running rights or running powers is an agreement whereby a railway company has the right to run its trains on tracks owned by another railway company....
staying with the B&M. Amtrak was allowed to sell it to the Central Vermont Railway
Central Vermont Railway
The Central Vermont Railway was a railroad that operated in the New England states of Connecticut, Massachusetts, Vermont, New York, as well as the Canadian province of Quebec....
, part of the Canadian National Railway
Canadian National Railway
The Canadian National Railway Company is a Canadian Class I railway headquartered in Montreal, Quebec. CN's slogan is "North America's Railroad"....
. The CV obtained the line on September 9. The sale was made because the track condition was not suitable for running Amtrak's Montrealer passenger trains, and Amtrak had to discontinue service on April 5, 1987. Service resumed in July 1989 after Amtrak paid the CV to upgrade the line. http://www.usdoj.gov/osg/briefs/1990/sg900109.txt
The companies were unable to agree on a permanent trackage rights agreement, and in 1990, the ICC imposed terms, in which the B&M could serve all "existing shippers and shippers' facilities" located on the line and in operation during the 12 months prior to the sale to the CV. The New England Central Railroad
New England Central Railroad
The New England Central Railroad is a subsidiary of RailAmerica that began operations in 1995. It runs from New London, Connecticut, to Alburgh, Vermont, a distance of .-History:...
acquired the line from the CV in 1994, and the Springfield Terminal Railway has since acquired the trackage rights assigned to the B&M. http://stb.dot.gov/decisions/ReadingRoom.nsf/81bf651a81749a7e85257048006a395c/ce0d8d74836ee99685256b30006b0dfb?OpenDocument