Home » NEWS » Company files papers to scrap 83-mile rail line

Company files papers to scrap 83-mile rail line

GRENADA — The new owners of the Grenada rail line have filed papers with the federal government to abandon the track and sell it for scrap.

The line abandonment would permanently stall plans to reopen a local rail line.

Local officials want the line kept open as a possible boost for the economy.

Grenada Railway, LLC, filed with the National Surface Transportation Board Sept. 20 a notice to abandon that 83-mile stretch of track.

Grenada Railway officials say the line lost $100,000 last year and has already lost $100,000 this year.

The entire Grenada Line runs 175 miles from the Tennessee border into Mississippi to Canton. Grenada Railway, according to NSTC documents, will retain the track north of Grenada.

BEFORE YOU GO…

… we’d like to ask for your support. More people are reading the Mississippi Business Journal than ever before, but advertising revenues for all conventional media are falling fast. Unlike many, we do not use a pay wall, because we want to continue providing Mississippi’s most comprehensive business news each and every day. But that takes time, money and hard work. We do it because it is important to us … and equally important to you, if you value the flow of trustworthy news and information which have always kept America strong and free for more than 200 years.

If those who read our content will help fund it, we can continue to bring you the very best in news and information. Please consider joining us as a valued member, or if you prefer, make a one-time contribution.

Click for more info

About Megan Wright

Leave a Reply

Your email address will not be published. Required fields are marked *

*