Delaware-Lackawanna signs five-year operating agreement extension

RELATED TOPICS: SHORT LINES AND REGIONALS
Trains Industry Newsletter
Get a weekly roundup of the industry news you need.
By signing up you may also receive occasional reader surveys and special offers from Trains magazine. View our privacy policy.
DelLack2
Delaware-Lackawanna
SCRANTON, Pa. – The Delaware-Lackawanna Railroad has reached a five-year operating lease agreement extension with the Pennsylvania Northeast Regional Railroad Authority. The agreement covers more than 90 miles of track in Lackawanna, Wayne, Monroe, and Northampton counties in northeast Pennsylvania.

At its May meeting, the Authority's board voted unanimously to extend the agreement, set to expire later this year.

The Delaware-Lackawanna, a subsidiary of GVT Rail, serves more than 25 customers and has 30 employees in the Scranton area.

The Alco-powered short line had a record year in 2014, showing a 12.4 percent increase in carloads compared with 2013. It is also working with four potential new customers, which it expects to add in 2015.

NEWSWIRETrains News Wire

  • Previous Day
  • May 28, 2015
  • Next Day
Leave a Comment
Want to leave a comment?
Only registered members of TrainsMag.com are allowed to leave comments. Registration is FREE and only takes a couple minutes.

Login or Register now.
Please keep your feedback on-topic and respectful. Trains staffers reserve the right to edit or delete any comments.
0 COMMENTS
Big Boy

Big Boy

All about the world's biggest locomotive

SEE INSIDE THIS ISSUE

Learn more about the stories and photos in this months issue

Newsletter Sign-Up

By signing up you may also receive occasional reader surveys and special offers from Trains magazine.Please view our privacy policy
Subscribe Up To 54% off the newsstand price!
Subscribe To Trains Mag Today
+