New
England Central Railroad - (en)
The New England Central Railroad (AAR reporting marks NECR) is a
subsidiary of RailAmerica. It runs from New London, Connecticut, to
Alburgh, Vermont. The New England Central Railroad is the successor to
the Central Vermont Railway. The Central Vermont was sold by the CN to
the RailTex Corp. in 1995, at which point it was renamed to the New
England Central. In 2000 RailTex was bought out by RailAmerica.
November 15, 2006, RailAmerica announced that it has entered into a
definitive merger agreement with an affiliate of Fortress Investment
Group LLC. The parties presently anticipate consummating the
transaction during the first quarter of 2007.
