Company History: The Montreal, Maine and Atlantic Railway (reporting mark MMA) was a Class II freight railroad that operated in the U.S. states of Maine and Vermont and the Canadian province of Quebec between 2002 and 2014. It was headquartered in Hermon, Maine.
Its Canadian subsidiary was named the Montreal, Maine and Atlantic Canada Company with offices in Farnham, Quebec.
MMA was formed in October 2002. The railway was 72.8% owned by Rail World and 12.8% by Caisse de dépôt et placement du Québec with the remaining minority stakes held by fifteen other private investors.
MMA purchased the assets arising out of the 2002 bankruptcy of the holding company Iron Road Railways. Iron Road Railways owned the following subsidiaries at the time of its bankruptcy:
- Bangor & Aroostook Railroad (reporting mark BAR)
- Canadian American Railroad (reporting mark CDAC)
- Northern Vermont Railroad
- Quebec Southern Railway
- Van Buren Bridge and Construction Company (VBB)
MMA's logo design was based on that of Bangor and Aroostook Railroad.
MMA and its Canadian subsidiary entered Chapter 11/CCAA bankruptcy protection in August 2013 as a direct result of the Lac-Mégantic derailment, a runaway train incident in July 2013 which resulted in an estimated $200 million in damage and the deaths of 47 people.
From Wikipedia
Its Canadian subsidiary was named the Montreal, Maine and Atlantic Canada Company with offices in Farnham, Quebec.
MMA was formed in October 2002. The railway was 72.8% owned by Rail World and 12.8% by Caisse de dépôt et placement du Québec with the remaining minority stakes held by fifteen other private investors.
MMA purchased the assets arising out of the 2002 bankruptcy of the holding company Iron Road Railways. Iron Road Railways owned the following subsidiaries at the time of its bankruptcy:
- Bangor & Aroostook Railroad (reporting mark BAR)
- Canadian American Railroad (reporting mark CDAC)
- Northern Vermont Railroad
- Quebec Southern Railway
- Van Buren Bridge and Construction Company (VBB)
MMA's logo design was based on that of Bangor and Aroostook Railroad.
MMA and its Canadian subsidiary entered Chapter 11/CCAA bankruptcy protection in August 2013 as a direct result of the Lac-Mégantic derailment, a runaway train incident in July 2013 which resulted in an estimated $200 million in damage and the deaths of 47 people.
From Wikipedia
Brief History: The U.S. is a country of 50 states covering a vast swath of North America, with Alaska in the northwest and Hawaii extending the nation’s presence into the Pacific Ocean. Major Atlantic Coast cities are New York, a global finance and culture center, and capital Washington, DC. Midwestern metropolis Chicago is known for influential architecture and on the west coast, Los Angeles' Hollywood is famed for filmmaking.
Item Links: We found: 2 different collections associated with Montreal Maine and Atlantic - Railroad
- Collection N Scale Model Trains: 15 different items.
- Collection Transportation Companies: 2 different items.
Item created by: gdm on 2017-10-10 09:57:32. Last edited by Alain LM on 2018-07-22 03:15:57
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