Norfolk Southern and the Delaware &
\nHudson Railway (D&H), a subsidiary of
\nCanadian Pacific, is in negotiations to acquire
\n282.55 miles of D&H rail line between Sunbury,
\nPa., and Schenectady.<\/p>\n
As part of the transaction, NS would retain
\nand modify overhead trackage rights on the
\nline between Schenectady, Crescent and
\nMechanicville, and Saratoga Springs. D&H
\nwould retain local access to serve customers in
\nSchenectady and would maintain its access to
\nshippers in Buffalo.<\/p>\n
The $217-million is subject to the approval by
\nthe U.S. Surface Transportation Board.<\/p>\n","protected":false},"excerpt":{"rendered":"
Norfolk Southern and the Delaware & Hudson Railway (D&H), a subsidiary of Canadian Pacific, is in negotiations to acquire 282.55 miles of D&H rail line between Sunbury, Pa., and Schenectady. As part of the transaction, NS would retain and…<\/p>\n","protected":false},"author":121,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[56,94,115],"class_list":["post-16150","post","type-post","status-publish","format-standard","hentry","category-business-briefs","tag-business-briefs","tag-mechanicville","tag-saratoga-springs"],"yoast_head":"\r\n