Montreal, Maine and Atlantic Railway
Former freight railroad in North America / From Wikipedia, the free encyclopedia
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The Montreal, Maine and Atlantic Railway (reporting mark MMA) was a Class II[1] 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.
Overview | |
---|---|
Headquarters | Hermon, Maine |
Reporting mark | MMA |
Locale | Maine, Vermont, and Quebec |
Dates of operation | October 2002 (2002-10)–March 2014 (2014-03) |
Predecessor | Iron Road Railways |
Successor | Central Maine & Quebec Railway |
Technical | |
Track gauge | 4 ft 8+1⁄2 in (1,435 mm) standard gauge |
Length | 510 miles (820 km) |
Its Canadian subsidiary was named the Montreal, Maine and Atlantic Canada Company with offices in Farnham, Quebec. With the exception of an independently owned low-speed tourist train (the Orford Express) on one small segment between Magog and Sherbrooke, there was no passenger service on the MMA system.[2]
MMA and its Canadian subsidiary entered Chapter 11/CCAA bankruptcy protection in August 2013 as a direct result of the Lac-Mégantic rail disaster, a runaway train incident in July 2013 which resulted in an estimated $200 million in damage and the deaths of 47 people.[3][4][5]
MMA's assets were sold at auction to Railroad Acquisition Holdings, LLC, a subsidiary of Fortress Investment Group, LLC on January 21, 2014.[6] Fifteen locomotives worth $1.6 million were excluded from the deal and will be sold separately.[7] The sale was approved by bankruptcy judges on January 23, with the transfer of assets expected to occur on or before March 31, 2014.[needs update][8] Railroad Acquisition Holdings, LLC has established a new railroad named Central Maine and Quebec Railway (reporting mark CMQ)[9] to operate the former MMA rail lines. The CM&Q was acquired by Canadian Pacific Railway in June 2020.