Providence and Worcester Railroad Company, a regional freight railroad, provides interstate freight carrier services in the state of Rhode Island. The company transports various commodities for its customers, including automobiles, construction aggregates, iron and steel products, chemicals and plastics (including ethanol), lumber, scrap metals, plastic resins, cement, coal, construction and demolition debris, and processed foods and edible foodstuffs, such as corn syrup and vegetable oils. In 2014, the company transported 35,196 carloads of freight and 20,714 intermodal containers. The company’s rail system extends through approximately 516 miles of track, of which it owns approximately 163 miles. The company has the right to use the remaining 353 miles pursuant to perpetual easements and trackage rights agreements (long and short-term). The company owns a total of approximately 150 acres of real estate located along its principal railroad lines, including classification yards in the greater Worcester, Massachusetts area. Additionally, the company owns or has the right to use a total of approximately 130 acres of real estate located along the principal railroad lines from downtown Providence through Pawtucket, Rhode Island. Of this acreage, the company owns approximately 8 acres in Pawtucket and has a perpetual easement for railroad purposes through the remaining 122 acres. Railroad Operations The company interchanges freight traffic with CSX Transportation (CSXT) at Worcester, Massachusetts and New Haven, Connecticut; with Pan Am Railways at Worcester, Massachusetts; with Pan Am Southern (PAS) and Norfolk Southern Railways (NS) through PAS at Gardner, Massachusetts; with New England Central Railroad at New London and Willimantic, Connecticut; with CN through the Great Eastern Route; with the Canadian Pacific Railway through the Great Eastern Route; with Connecticut Southern Railroad at Hartford, Connecticut; and with New York and Atlantic Railroad at Fresh Pond Junction on Long Island. The company, through its connections, links approximately 80 communities on its lines. The company operates four classification yards (areas containing tracks used to group freight cars destined for a particular industry or interchange) located in Worcester, Massachusetts, Cumberland, Rhode Island, and Plainfield and New Haven, Connecticut. By agreement with a private operator, the company services an intermodal yard in Worcester, an area containing tracks used for the loading and unloading of containers. This yard is the U.S. Customs-bonded, and international traffic must be inspected and approved by the U.S. Customs officials. The intermodal yard serves primarily as a terminal for the movement of container traffic from Canada, the Far East, Southeast Asia, and Europe destined for points in New England. Container ship lines utilize double-stack train service through this terminal. Customers The company serves approximately 140 customers in Massachusetts, Rhode Island, Connecticut, and New York. The company’s customers include Exxon Mobil Corporation; Ford Motor Company; Frito-Lay, Inc.; Global LLP; GDF SUEZ Energy North America; International Paper Company; Lehigh Cement; Cargill, Inc.; Northeast Utilities; Nucor Steel; Rawson Materials; Renewable Products Marketing Group; Subaru of New England; Tilcon Connecticut, Inc.; and Toray Plastics (America), Inc. Governmental Regulation The company is subject to governmental regulation by the Surface Transportation Board, the Federal Railroad Administration, the Transportation Security Administration, and other federal, state, and local regulatory authorities with respect to certain rates and railroad operations, as well as various health, safety, labor, environmental, and other matters, all of which could potentially affect the company’s competitive position and profitability. Competition The company competes with CSXT. History Providence and Worcester Railroad Company was founded in 1969.
providence and worcester rr
75 Hammond Street
Worcester, MA 01610
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