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Youngstown & Southeastern
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   Author  Topic: Youngstown & Southeastern  (Read 29770 times)
WD8DK
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Posts: 166
Re: Youngstown & Southeastern
 
« Reply #360 on: Feb 15th, 2014, 8:37am »
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http://www.morningjournalnews.com/page/content.detail/id/549487/County-port-authority-sells-railroad-for--3-million.html?nav=5006

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yfdgricker
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Posts: 127
Re: Youngstown & Southeastern
 
« Reply #361 on: Feb 17th, 2014, 12:24am »
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MarkWest Unit Completes Purchase of Y&S Railroad
 
Friday, February 14, 2014
EAST LIVERPOOL, Ohio – Sale of the assets of Youngstown & Southern Railroad, the short line that runs from Youngstown to Darlington, Pa., to Mule Sidetracks LLC is complete, the Columbiana County Port Authority announced Thursday.
 
Mule Sidetracks, an affiliate of MarkWest Energy Partners LP, Denver, paid the port authority $3 million, the CEO of the port authority, Tracy Drake, said. The port authority retains the mineral rights to the underlying real estate.
 
In the assets Mule Sidetracks assumes are all ties, ballast, rails and rights of way of the 36.8-mile railroad. Mule Sidetracks will continue rail service of the line “pursuant to an operating lease with the Youngstown & Southeastern Railroad, operated by Powell Felix,” the press release said.
 
 
In a prepared statement, Drake said, “The port authority acquired the railroad over 10 years ago to preserve it as a transportation asset that would help facilitate economic development in the region.  We now transfer it to MarkWest with the knowledge that they have the financial strength to ensure its continued viability and in the hope that they’ll locate a processing plant along the line in Columbiana County.”
 
MarkWest has been active in midstream development supporting oil and natural gas exploration in the Marcellus shale play in Pennsylvania and the Utica shale in Ohio.
 
BACKGROUND:  
MarkWest Subsidiary to Buy Youngstown & Southern Rail
CCPA OKs $16,000 to Survey 1.5 Miles of Y&S Track
 
Copyright 2013, The Business Journal, Youngstown, Ohio.
http://businessjournaldaily.com/economic-development/markwest-unit-completes-purchase-ys-railroad-2014-2-14


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yfdgricker
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Posts: 127
Re: Youngstown & Southeastern
 
« Reply #362 on: Feb 17th, 2014, 12:25am »
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Columbiana County Port Authority sells railroad
By WKBN StaffUpdated: Sunday, February 16, 2014, 11:09 pm
Published: Sunday, February 16, 2014, 6:40 pm
 
LISBON, Ohio (WKBN) — After numerous attempts, the Columbiana County Port Authority has sold its railroad.
 
According to our print partners at the Morning Journal, the county sold the line to Mule Sidekicks LLC for three million dollars.
 
Sidekicks is a subsidiary of natural gas company MarkWest Energy Partners.
 
The line – formerly the Youngstown and Southern Railroad – runs for 36 miles from from Mahoning County to Beaver County.
 
The Port Authority owned the line for about 10 years.
 
http://wkbn.com/2014/02/16/columbiana-county-port-authority-sells-railroad/


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jeo324
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Re: Youngstown & Southeastern
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« Reply #363 on: Feb 25th, 2014, 3:51pm »
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Great news. Now they need to get a complete overhaul of the line. Caught the local near Negley and it had a cut of hopper cars from Darlington.

http://Forums.Railfan.net/Images/OhioRails/small.jpg
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jeo324
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Re: Youngstown & Southeastern
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« Reply #364 on: Feb 25th, 2014, 3:51pm »
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And another.

http://Forums.Railfan.net/Images/OhioRails/006.jpg
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WD8DK
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Posts: 166
Re: Youngstown & Southeastern
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« Reply #365 on: Mar 8th, 2014, 7:18am »
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Cannelton


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WD8DK
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Re: Youngstown & Southeastern
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« Reply #366 on: Mar 15th, 2014, 5:49pm »
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Y&S Cannelton. Doing some car storage behind the industrial park.


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WD8DK
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Re: Youngstown & Southeastern
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« Reply #367 on: Mar 15th, 2014, 5:55pm »
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Y&S


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WD8DK
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Re: Youngstown & Southeastern
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« Reply #368 on: Mar 15th, 2014, 6:01pm »
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Y&S


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WD8DK
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Re: Youngstown & Southeastern
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« Reply #369 on: Mar 15th, 2014, 6:05pm »
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Y&S, oops, found this on the NS main in East Palestine! Lackawana.


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towny72
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Re: Youngstown & Southeastern
 
« Reply #370 on: Jul 12th, 2014, 4:55pm »
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It is my understanding that Mule Sidekicks LLCs now owns the line, but is not operating the line. This is still being handled by the operator IBCX.  
 
Has anybody noticed any changes to the ROW in regards to physical plant improvements?


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Railfan Safely, And always respect private property.
WD8DK
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Re: Youngstown & Southeastern
 
« Reply #371 on: Jul 13th, 2014, 9:18am »
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The track from the veneer plant to PTC is still a mess. A few good ties are thrown in just to hold it together.

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WD8DK
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Posts: 166
Re: Youngstown & Southeastern
 
« Reply #372 on: Jan 7th, 2015, 5:53am »
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Lots of new ties in the parking lot of PTC. Looks like they are going to replace all those rotted ties between the veneer plant and State RT 51.

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towny72
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Re: Youngstown & Southeastern
 
« Reply #373 on: Jul 28th, 2015, 9:04am »
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Have they started putting in any ties yet?
 
Any new business pop up. I know when the line was finally purchased an initial push came to fix stuff and attacked a few new customers. Thats been over a year now.  


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radiostationdreams
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Re: Youngstown & Southeastern
 
« Reply #374 on: Jul 31st, 2016, 7:44am »
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Drove back Cannelton Road from Negley yesterday. It looks like the track has new ties and new ballast at least to Route 51. Track is rusty and doesn't look like much use recently. But looks like major project going on where they were storing well pipe. The big building has been stripped to the skeleton and some of the skeleton has been repainted. Looks like major site renovation. Doesn't look there is any pipe there, and there are gondolas stored on the siding where they used to bring well pipe in. Anyone know what is going on there?

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