CNR sells railroad tracks
Published 10:53 pm Saturday, May 23, 2009
NATCHEZ — The rail tracks owned by Canadian National Railway have been sold, but Adams County Port Commission Director Anthony Hauer said he doesn’t anticipate any problems.
Canadian National Railroad announced last week the completion of agreements to sell the track to Natchez Railway, LLC, a non-carrier affiliate of V&S Railway and A&K Railroad Materials, a Utah-based company.
The terms of the agreement are not public, but a statement from Canadian National Railway said it will preserve service to the 66-mile Natchez line — which runs to Brookhaven — for the next two years.
The tracks run to the Natchez-Adams County port.
“As long as we are being switched and services are being provided, I don’t know that it matters to anybody who owns it,” Hauer said. “The important thing is that the rails stay open.”
Keeping active rail service is important for recruiting business to the area, and to lose it would be significant, Economic Development Authority Chair Woody Allen said.
“That would be a major blow to what you are doing because you wouldn’t have rail service into the area,” Allen said.
The change in ownership could possibly affect service rates for those using the rail service into the port, but Allen said he didn’t know enough about the agreement or the new owners to determine if that was the case.
“As long as the line is operating and you can get in and out of Natchez, you will just be making another (track) connection,” Allen said.
The Natchez line was one of three Mississippi railroad lines Canadian National sold.
Canadian National had worked with the State of Mississippi since 2003 to bring additional rail business to the routes, but the volume of traffic on those lines was not economically viable for Canadian National, the company said in a statement.