Company History: QSR was formed in 1996 by the Iron Road Railways shortline group to takeover a former Canadian Pacific line that together with Iron Road’s Northern Vermont Railroad made a 144 mile line from Brookport, Quebec to Wells River, Vermont. QSR adopted the dark blue version of Iron Road’s standard paint scheme, a variation also used on the Bangor & Aroostook. The railroad name appeared in English on one side of the locomotives and in French on the other. In 2002, Iron Road Railways fell into bankruptcy and much of the QSR route was taken over by Montreal Maine & Atlantic.
Successor/Parent 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: Canada is a North American country stretching from the U.S. in the south to the Arctic Circle in the north. Major cities include massive Toronto, west coast film centre Vancouver, French-speaking Montréal and Québec City, and capital city Ottawa. Canada's vast swaths of wilderness include lake-filled Banff National Park in the Rocky Mountains. It's also home to Niagara Falls, a famous group of massive waterfalls.
Item created by: gdm on 2021-08-09 10:00:03
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