reporting mark: MMA
railroad class: Class III Freight Railroad
There are currently 3 Central Maine and Quebec Railway radio scanner frequencies from Maine in our database.
The Central Maine & Québec Railway is a Class III freight railroad operating in the U.S. states of Maine and Vermont and the Canadian province of Quebec with headquarters in New York, NY. Central Maine and Quebec Railway's owned by Railroad Acquisition Holdings, LLC, a subsidiary of Fortress Investment Group, LLC. Central Maine and Quebec Railway's United States operations are named the Central Maine & Québec Railway US Incorporated with offices in New York, NY, and was registered with the Surface Transportation Board on February 14, 2014.Central Maine and Quebec Railway's Canadian operations are named the Central Maine and Québec Railway Canada Incorporated with offices in Sherbrooke, QC, and was registered with Revenue Québec on February 14, 2014. The Montreal, Maine and Atlantic Railway (reporting mark MMA), Central Maine and Quebec Railway'self a product of the 2002 Iron Road Railways bankruptcy, declared bankruptcy in the United States and Canada on August 7, 2013, following the fiery Lac-Mégantic derailment, in which a runaway crude oil train killed forty-seven people and caused an estimated $200 million in property damage to downtown Lac-Mégantic, Quebec. The company received protection under Chapter 11 of the United States Bankruptcy Code and under the Companies' Creditors Arrangement Act in Canada to oversee the sale of assets.In December 2013, Fortress Investment Group, LLC, through Central Maine and Quebec Railway's subsidiary Railroad Acquisition Holdings, LLC (RAH) placed a stalking horse bid on the operating rail lines, which was accepted by the bankruptcy trustee in January 2014. In February 2014 RAH announced that it had formed the CMQ to become the operating entity of the rail lines and that the sale would be concluded in March 2014.