Posts Tagged ‘GVT Rail’

NE Pa. Authority Extends Lease of Short Line

May 29, 2015

The Pennsylvania Northeast Regional Railroad Authority has voted unanimously to approve a five-year extension of the lease with a short line operator.

The Delaware-Lackawanna Railroad will continue to operate over 90 miles of track in Lackawanna, Wayne, Monroe, and Northampton counties in northeast Pennsylvania.

Delaware-Lackawanna is a subsidiary of GVT Rail and serves more than 25 customers. It employs 30 in Scranton, Pennsylvania.

The railroad has a motive power fleet of Alco locomotives and in 2014 it posted a 12.4 percent increase in carloads compared over 2013 levels. Railroad officials expect to add four new customers in 2015.