EMR has agreed to acquire 45 miles of rail line Credit: Tom from Pixabay.

US-based Class III common carrier Eastern Maine Railway Company (EMR) has agreed to take over approximately 36.57 miles of the main line and nine miles of a branch line in Maine from Central Maine & Quebec Railway US (CMQR), owned by Canadian Pacific (CP).

EMR filed a verified notice of exemption under 49 CFR 1150.41 in this regard.

Related Company Profiles

View all

The main line spreads between milepost 109 (Grindstone of Penobscot County) and milepost 72.43 (near Brownville in Piscataquis County).

The branch lines include the East Millinocket branch line from milepost 0.0 to milepost 7.72, as well as the Millinocket branch line from milepost 104.65 southward 1.2 miles to the end of the track.

EMR will also purchase all other associated yard, spur, siding, and other track along the main line between mileposts 109 and 72.43.

As per the verified notice, EMR will acquire incidental trackage rights on CMQR between milepost 72.43 (near Brownville) and the connection of CMQR’s track with an EMR rail line in the vicinity of the Brownville Junction.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

The Maine Northern Railway Company (MNRC) currently owns overhead trackage rights over the line. Subject to these overhead trackage rights, EMR is acquiring the line.

According to the notice, “EMR certifies that the proposed acquisition and operation of the line does not involve a provision or agreement that may limit future interchange with a third-party connecting carrier.

“EMR further certifies that its projected annual revenues as a result of this transaction will not exceed the maximum revenue of a Class III rail carrier and will not exceed $5m.”