Posts Tagged ‘Luzerne & Susquehanna’

Corman Completes Deal for Short Lines

December 9, 2020

R. J. Corman has completed its acquisition of three short line railroads that operate in Pennsylvania and New York.

Corman now owns 17 short lines in its R.J. Corman Railroad Group with the latest members being the Owego and Harford Railway, Lehigh Railway, and Luzerne & Susquehanna Railway.

All three companies were founded by Steve May and handle 14,000 annual carloads that include sand, scrap, feed products, plastic, propane and wood products.

Traffic is interchanged with Norfolk Southern and the Reading & Northern.

Terms of the acquisition were not disclosed in a Corman announcement.

Dispute Over Use of Wye May be Decided by STB

November 6, 2020

Two regional railroads operating in Pennsylvania may be headed to the U.S. Surface Transportation Board in an effort to resolve a dispute over a connection.

Reading & Northern wants the STB to ntervene after it failed to reach agreement with R.J. Corman over use of a connection in Pittston, Pennsylvania.

The two sides are at odds over use of the Pittston Wye at the connection between R&N and the Luzerne & Susquehanna, which Corman is in the process of acquiring.

Corman has argued that its assumption of ownership of the L&S terminates a 1994 agreement that allowed R&N to use all three legs of the wye.

The track on the wye had been maintained and dispatched by the R&N.

In a letter to the STB, R&N officials said the talks with Corman over the matter have stalled.

R&N wants federal regulators to require Corman to grant it rights to use the wye as part of the approval process of Coman’s acquisition of the L&S.

R.J. Corman Acquires Pennsylvania Short Lines

August 20, 2020

R.J. Corman Railroad Group has acquired three short lines, including two based in Pennsylvania, and a transload service provider, the company has announced.

The latest additions are the 26.7-mile Owego & Harford in New York; the Lehigh Railway, which operates 56 miles of track in north central Pennsylvania owned by Norfolk Southern; and the 60-mile Luzerne & Susquehanna in Pennsylvania.

The three short lines collectively handle about 14,000 carloads annually.

“We’re excited to bring these short lines and related companies into the R. J. Corman family of companies and to continue the impeccable service they are known for by their customers,” Ed Quinn, president and CEO of R.J. Corman Railroad Group, said in a statement.