Providence and Worcester Railroad

Providence and Worcester Railroad
Reporting mark PW
Locale Connecticut, Massachusetts and Rhode Island; New York City and Long Island via trackage rights
Dates of operation 1847 – 1892
1973–
Track gauge 4 ft 8 1⁄2 in (1,435 mm) standard gauge
Headquarters Worcester, Massachusetts
Website www.pwrr.com

The Providence and Worcester Railroad (reporting mark PW) (NASDAQ: PWX) is a Class II railroad[1] in the United States. The railroad connects from Gardner in central Massachusetts, south through its namesake cities of Worcester and Providence, Rhode Island, and west from Rhode Island through Connecticut and into New York City. The railroad's connection between New Haven, Connecticut and New York City and onto Long Island is via trackage rights over the Hell Gate Bridge. On August 15, 2016 it was announced that Genesee & Wyoming would purchase the Providence and Worcester Railroad for $125 million.

Current lines

Providence & Worcester GP38-2 #2009

In addition to the original main line between Providence and Worcester, and the East Providence Branch, the P&W owns or provides freight service on the following lines, identified by their original companies:

P&W operates over the following lines with overhead trackage rights, meaning it cannot serve on-line customers:

History

Providence and Worcester GE Locomotive #4006 seen in Plainfield, CT

The P&W was incorporated in Massachusetts as the Providence and Worcester Railway on March 12, 1844, and as the Providence and Worcester Railroad in Rhode Island in May 1844. The two companies were merged November 25, 1845 as the Providence and Worcester Railroad. The company bought the Blackstone Canal, also running between Providence and Worcester, and began construction, partly on its banks, in 1845. The line opened in two sections, the part south of Millville on September 27, 1847, and the rest on October 20. The line from Providence to Central Falls was shared with the Boston and Providence Railroad, which at the same time built a connection from its old line (ending in East Providence) over to the P&W.

On July 1, 1892, the New York, New Haven and Hartford Railroad leased the P&W for 99 years. The New Haven merged into Penn Central on January 1, 1969. On April 6, 1970, the P&W announced its intention to separate from the merger. After a legal battle, the Interstate Commerce Commission approved the request on August 25, 1972, and, on November 2, Penn Central signed the agreement, effective December 30. The P&W cancelled the lease on February 3, 1973. Since then, the P&W has taken over many other lines from the former Penn Central in addition to several from the Boston and Maine Railroad. On March 17, 2013, a freight derailed in New Haven, Connecticut, blocking Amtrak's Northeast Corridor.

On August 15, 2016, Genesee & Wyoming Inc. (G&W) announced that it will buy Providence and Worcester Railroad Company for $25.00 per share, or approximately $126 Million. The acquisition is expected to close following the receipt of P&W shareholder approval in the fourth quarter of 2016.[2] The G&W also owns the New England Central Railroad.

Passenger excursions

The P&W operates occasional passenger excursions on its own lines and sometimes over the Amtrak Northeast Corridor. It owns several ex-Amtrak passenger cars for that purpose.

Engine roster

Current locomotive roster
Road Number Make Model Built
PW 150 GE 25 Tonner November 1945
PW 2006 EMD GP38-2 February 1980
PW 2007 EMD GP38-2 November 1980
PW 2008 EMD GP38-2 December 1980
PW 2009 EMD GP38-2 September 1982
PW 2010 EMD GP38 October 1969
PW 2011 EMD GP38 October 1969
PW 2201 GE B23-7 February 1978
PW 2215 GE B23-S7R (Rebuilt B23) June 1972
PW 2216 GE B23-S7R (Rebuilt B23) June 1972
PW 3901 GE B39-8E April 1988
PW 3902 GE B39-8E October 1987
PW 3903 GE B39-8E April 1988
PW 3904 GE B39-8E March 1988
PW 3905 GE B39-8E November 1987
PW 3906 GE B39-8E October 1987
PW 3907 GE B39-8E October 1987
PW 3908 GE B39-8E October 1987
PW 3909 GE B39-8E October 1987
PW 4001 GE B40-8 June 1988
PW 4002 GE B40-8 1988
PW 4003 GE B40-8 1988
PW 4004 GE B40-8 1988
PW 4005 GE B40-8W 1992
PW 4006 GE B40-8W 1992
PW 4007 GE B40-8W 1992
PW 4301 EMD SD70M-2 (ex-FEC 100) 2006
PW 4302 EMD SD70M-2 (ex-FEC 102) 2006

Branches

The East Providence Branch Railroad was the only branch built by the P&W. Chartered in 1874 and opened in 1875, it split from the main line at Valley Falls and ran southeast and south, clipping the corner of Attleboro, Massachusetts and running through Pawtucket, and East Providence crossing both the Boston and Providence Railroad and the Providence, Warren and Bristol Railroad, and ending at the Wilkes-Barre Pier.

The East Providence Branch was also the P&W's only branch when it was leased to the NYNH&H, but previously it had leased several other railroads.

The Milford and Woonsocket Railroad was incorporated in 1855 and opened in 1868 from Milford to Bellingham. Soon after, the P&W leased it, despite it not being connected directly to the P&W. The Hopkinton Railway was leased in 1870 and opened in 1872, continuing the M&W north from Milford to Ashland. It too was leased to the P&W, on completion. Both leases expired in 1883 and were not renewed. The M&W bought the Hopkinton in 1884, and in 1897 the New England Railroad leased them, with a direct connection at Milford.

See also

References

  1. ↑ 10K SEC Filing, , March 25, 2008.
  2. ↑ Calabro, Joe. "GoLocalWorcester | Business | Providence-Worcester Railroad is Sold". Retrieved 2016-08-15.

External links

Wikimedia Commons has media related to Providence and Worcester Railroad.
Preceded by
Texas Mexican Railway		 Regional Railroad of the Year
1999 		Succeeded by
Bessemer and Lake Erie Railroad
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