Background and CN divestment The
Central Vermont Railway (CV) had long been owned and operated by Canadian railroads, first the
Grand Trunk Railway and from 1927 the
Canadian National Railway (CN); CN was in turn owned by the government of Canada. The Central Vermont's owners kept it a separate company, complete with its own fleet of green and yellow painted locomotives. Operations on the line entered a general decline in the 1980s in tandem with falling freight volumes, which persisted despite the introduction of modern locomotives by CN in the early 1990s. The transaction was completed in early 1995.
Formation and early years (1995–2000) The Central Vermont Railway transitioned to the New England Central Railroad starting on February 3, 1995, with the transition completed three days later on February 6. The company's rapid success led to it being named 1995's Short Line Railroad of the Year by industry trade journal
Railway Age. NECR's motive power initially consisted of former
Gulf, Mobile and Ohio Railroad EMD GP38s, although by the late 1990s, leased locomotives, largely former
Conrail EMD SD40-2s, entered service. The pier was rebuilt and opened in 1998, with NECR's tracks directly serving the port. The port's operator leased four acres from the railroad for cargo storage. On November 9, 2010, the railroad began construction on a project to raise speeds on trackage within Vermont to , with speeds on the route south of
White River Junction being increased to for passenger service. The upgrades were part of a project to decrease running times for
Amtrak's
Vermonter, which operates over the route. Construction was funded by a $70 million grant from the federal government, part of the
American Recovery and Reinvestment Act. The NECR main line was heavily damaged in several locations by
Hurricane Irene during August 2011. A six mile segment in Vermont was taken out of service entirely by storm damage, with downed trees and flooding affecting other segments as well. Rail service returned to all customers by September 13, with full repairs completed later in the month.
Genesee & Wyoming ownership (2012–present) |alt=A pair of orange and black diesel locomotives parked on a siding, with train cars behind them. The 45 railroads formerly owned by
RailAmerica, which had previously taken over
RailTex lines, were transferred to Connecticut-based shortline holding company
Genesee & Wyoming in December 2012. This change of ownership caused a shuffle of locomotives around their rail system, and the original NECR yellow-and-blue paint scheme is slowly being replaced by the Genesee & Wyoming scheme. == Operations ==