GREENWICH, Conn. — Genesee & Wyoming Inc. (GWI) announced that its subsidiary Huron Central Railway Inc. (HCRY) intends to discontinue operations.
The downturn in the economy has caused the Huron Central’s traffic to decline substantially over the last 12 months, to the point that the railroad is not economically viable to operate for the long term, officials said.
HCRY has operated the 173-mile railroad from Sudbury to Sault Ste. Marie, Ontario, under a lease agreement with Canadian Pacific Railway since 1997. The companies are working closely together and with customers to effect an orderly cessation of operations.
HCRY will cease operations between McKerrow and Sault Ste. Marie on Aug. 15. It will continue operation of the eastern segment of the railroad from Sudbury to McKerrow and Espanola until Oct. 31. The closure will ultimately eliminate 45 jobs at HCRY.
— PRNewswire-FirstCall
