in 2005 The Wensleydale Railway Association (WRA) was formed in 1990 with the main aim of restoring passenger services. When
British Rail decided to try to sell the line between Northallerton and Redmire following cessation of the quarry trains to Redmire, the WRA decided to take a more proactive role and aimed to operate passenger services itself. The
Ministry of Defence (MoD) had an interest in using the line between Northallerton and Redmire to transport armoured vehicles to/from
Catterick Garrison. The MoD paid for repairs and restoration of the line and the installation of loading facilities at Redmire, and did not object to WRC taking over the line. A trial train ran in November 1993 and full MoD operations started in July 1996. These military transport trains continue to this day. In 2000, WRA formed a separate operating company, the Wensleydale Railway plc (WRC), and issued a share offer to raise funds. £1.2 million was raised through this method.
Railtrack agreed to lease the line between Northallerton and Redmire to WRC and a 99-year lease was signed in 2003. Passenger services restarted on 4 July 2003 with the stations at Leeming Bar and Leyburn being reopened. In 2004, the stations at Bedale, Finghall and Redmire were reopened. A passing loop was opened at the site of the former Constable Burton station, which enabled the railway to introduce a 2-train service when required. In 2014, station was reopened and a new station built at , enabling passenger services to be extended east of Leeming Bar, but this section was closed to passengers again in August 2016 following a collision between a train and a car at a level crossing near
Yafforth. It is hoped to recommence services at a future date once work to upgrade level crossing equipment is complete. In 2016, it was reported that the railway carries over 50,000 people a year and that for every £1 spent on the railway, £4 is spent at one of the towns or villages on the route. The company's longer-term aim is to reopen the of line west from Redmire via Castle Bolton, Aysgarth, Askrigg, Bainbridge, Hawes and Mossdale to join up with the Settle-Carlisle Railway Route at Garsdale. The sale of
Aysgarth Station and trackbed to a private individual in 2017 allowed the release of funds and the short term plan is to extend some to a brand new station serving Castle Bolton. This has been costed at £2 million and is listed in a five-year plan. In order to achieve this, the missing bridge that used to span Apedale Beck to the west of Redmire station will need to be replaced. There was a plan to do so utilising a redundant bridge from the
Catterick branch line that was removed during the A1 to
A1(M) upgrade in 2015 and stored in Redmire Station car park. However the bridge was subsequently found to be unsuitable and it has been cut up and removed. In January 2019, Campaign for Better Transport released a report identifying the line which was listed as Priority 2 for reopening. Priority 2 is for those lines which require further development or a change in circumstances (such as housing developments). In 2019, services were suspended between Leyburn and Redmire due to the deterioration of the track infrastructure. As of 2024, services are still to resume between the two stations with trains still terminating at Leyburn. A fundraising appeal is currently taking place to fund the replacement of the life-expired track with a view to re-opening by September 2025.
Upper Wensleydale Railway In late 2019/early 2020, a separate organisation, the Upper Wensleydale Railway, was formed to campaign to reinstate the line between and . The group's objective is to have a timetabled year-round service run by a
train operating company, rather than a heritage service. This scheme was shortlisted for funding in the second round of the government's
Reverse Beeching Fund, in June 2020. ==Company structure==