READING & NORTHERN EXPANDS RAIL OPERATIONS TO TOWANDA AND MONROETON

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READING & NORTHERN EXPANDS RAIL OPERATIONS TO TOWANDA AND MONROETON

Reading Blue Mountain and Northern Railroad announced that is has acquired a short-line between Towanda and Monroeton, in northeastern Pennsylvania. RBMN, which currently operates over 300 miles of railroad in Eastern Pennsylvania, purchased the assets of the approximately six-mile Towanda-Monroeton Shippers Lifeline Railroad Inc. from former owner, Joseph Zadrusky of Scranton, on Dec. 30, 2009. The line is approximately 40 miles north of RBMN’s current terminus in Mehoopany, Pa. RBMN will be able to connect its two properties by working with Lehigh Railway L.L.C., which leases a Norfolk Southern Railway line that connects to the Towanda-Monroeton line in Towanda. The line will become part of the RBMN system. Andrew M. Muller Jr., CEO of Reading Blue Mountain and Northern Railroad, said the acquisition is a big step in growing rail operations in the area. “We see this acquisition as an opportunity to offer more service options to customers working in the Marcellus Shale region,” Muller said. “With our assets and market reach, we will be able to grow the business on the line substantially.” (R&N posted 1/08)

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