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Providence and Worcester Railroad Company (PWX) |
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WIKI ANALYSIS
Providence and Worcester Railroad Company (P&W) is a class II regional freight railroad that operates in Massachusetts, Rhode Island, Connecticut and New York. P&W serves as an interstate freight carrier in the State of Rhode Island and possesses the right to conduct freight operations over Amtrak's Northeast Corridor between New Haven, Connecticut and the Massachusetts/Rhode Island border. P&Wservices a double stack intermodal terminal facility in New England in Worcester, Massachusetts. The Company transports a variety of commodities for its customers, including automobiles, construction aggregate, iron and steel products, chemicals, lumber, scrap metals, plastic resins, cement, coal, construction and demolition debris, processed foods and edible food stuffs, such as corn syrup and vegetable oils.
P&W is a regional freight railroad operating in Massachusetts, Rhode Island, Connecticut and New York. The Company is the only interstate freight carrier serving the State of Rhode Island and possesses the exclusive and perpetual right to conduct freight operations over the Northeast Corridor between New Haven, Connecticut and the Massachusetts / Rhode Island border.
The company began independent operations in 1973 and throught a series of acquisitions of connecting lines, has grown from 45 miles of track to its current system of approximately 545 miles. the largest double stack intermodal facilty in New England are operated by the P&W in Worceater Massachusetts, a strategic location for regional transportation and distribution enterprises.
The Company transports a wide variety of commodities for its customers, including automobiles, construction aggregate, iron, and steel products, lumber, coal, ethanol, chemicals, scrap metals, plastic resins, cement, processed foods and edible food stuffs, such as frozen foods and corn syrup. P&W 's customers include Global Industries, Inc., GDF SUEZ Energy North America, Lehigh Cement, Cargill Inc. The Dow Chemical Company, Northeast Utilities, Exxon/Mobil, Frito-Lay, Inc., International Paper Company, Nucor Steel and Tilcon Connecticut, Inc.
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