STB approves Genesee & Wyoming purchase of Providence & Worcester

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.
Providence & Worcester observation car New Englander is part of the railroad's passenger train, seen at Worcester Union Station on Oct. 26. The railroad's shareholders voted overwhelmingly to merge the company into the Genesee & Wyoming family.
Scott A. Hartley
WASHINGTON — Exactly four months after Genesee & Wyoming's announcement that it had reached an agreement to purchase the 516-mile Providence & Worcester Railroad, the Surface Transportation Board granted authority for G&W to acquire control of the Class III railroad. The decision came through on Dec. 15. P&W shareholders voted overwhelmingly to approve the sale on Oct. 26, and since that time G&W has purchased most shares. Providence & Worcester has been held in trust as G&W awaited the STB's decision.

The STB ruling subjects G&W to certain protections for P&W employees. G&W also assures the board that it will not change its operations in a way that negatively affects Springfield Terminal Railway and its interchange with CSX Transportation in Worcester, Mass., where the two railroads use approximately three miles of P&W trackage.

Although the STB ruling comments on Providence & Worcester's passenger excursion operations, it does not impose any conditions. The decision discusses G&W's willingness to negotiate in the future with a local tourism commission that has been a long-time sponsor of train excursions as well as the Boston Surface Railroad Co., which proposes to operate commuter trains in the Worcester, Mass. to Providence, R.I. corridor.

NEWSWIRETrains News Wire

  • Previous Day
  • December 19, 2016
  • Next Day
Leave a Comment
Want to leave a comment?
Only registered members of 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.
Winter on the Rails

Winter on the Rails

Railroading to the arctic.


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