From Earlier: The Providence and Worcester Railroad and RailAmerica Announce Strategic Alliance

The Providence and Worcester Railroad (Nasdaq: PWX) and the New England Central Railroad, part of the RailAmerica (NYSE: RA) family announced the establishment of the Great Eastern Route, a new coordinated commercial and operating platform. This new strategic alliance is being developed to increase our collective business with both Canadian National and Canadian Pacific to rail customers in southern New England and to enhance their global access through our port facilities. Over the past 5 years the NECR and P&W have jointly invested significant capital in the infrastructure along with the States of Vermont, New Hampshire, Rhode Island and the federal government. These investments enhance our service and combined with this new commercial and operating relationship will provide the basis for a greatly improved customer experience aimed at growing our collective business across all commodity lines. The alliance recently hosted inspection trains with our Canadian Class I partners and looks forward to establishing new and improved supply chains throughout the region.