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The Portland and Western Railroad (reporting mark PNWR) is a 516-mile (830 km) Class II railroad serving the U.S. state of Oregon, and is a wholly owned subsidiary of shortline and regional railroad holding company Genesee & Wyoming Inc. The PNWR includes a subsidiary, the Willamette and Pacific Railroad (reporting mark WPRR).
Neither company directly connected to any P&W line; the leases were motivated by a desire to prevent either company from competing with the P&W for traffic. [27] [28] Both leases expired in 1883, with the two railroads resuming independent operation that year; the Milford and Woonsocket took over the Hopkinton the following year. [27]
The company was sold at public sale by the bond trustee, the Trust Company of North America for $1,000,000 to the Sheldon Syndicate of New York, which was the original owner of the company. [5] The reorganized company had a capital stock of $4,000,000, consisting of $3,400,000 of common stock and $600,000 of 5% preferred stock.
The P&W Subdivision is a railroad line owned and operated by CSX Transportation, the Allegheny Valley Railroad (AVR), and the Buffalo and Pittsburgh Railroad (BPRR) in the U.S. state of Pennsylvania. The line runs from Rankin north through Pittsburgh to West Pittsburg (near New Castle ) [ 1 ] along a former Baltimore and Ohio Railroad line ...
It was leased to the B&P, and was connected to a branch of the Old Colony Railroad in 1890. Moshassuck Valley. The Moshassuck Valley Railroad was chartered in 1874 and opened in 1876 as a branch from the joint B&P/P&W at Woodlawn, Rhode Island north to Saylesville. The company remained independent until 1981, when it was bought by the P&W. Seekonk
The Warwick Railway provided freight service until 1979, when the Providence and Worcester Railroad (P&W) began service following the Warwick Railway becoming insolvent. The P&W formally purchased the Warwick Railway in 1982, and maintained freight operations until 1999 before placing the tracks out of service.
A retired Seaview Railroad boxcar at the Providence and Worcester Railfan Club Museum in Webster, Massachusetts, seen in July 2021. The boxcar bears P&W reporting marks. Seaview serves a number of customers within the Quonset Business Park, which was established in the area formerly occupied by the Naval Air Station.
The Penn Central declared bankruptcy in 1970 but continued to operate trains until 1976, when the company's railroad assets were sold under the Railroad Revitalization and Regulatory Reform Act. Under the new law, Congress authorized the sale of the PB&W right-of-way between Philadelphia and Washington, and related assets (such as the ...