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Wednesday, August 7, 2013

Governor's Statement on Bankruptcy Filing by Montreal Maine and Atlantic Railway

Augusta, Maine - Late Wednesday afternoon the Maine Department of Transportation (MaineDOT)
confirmed that the Montreal Maine and Atlantic Railway (MMA) has filed for bankruptcy protection in the U.S. Bankruptcy Court for the District of Maine. Governor Paul R. LePage released the following statement regarding the filing:

"Maine DOT will vigilantly and actively participate in the bankruptcy and in any related proceedings before the Surface Transportation Board to protect the public interests of the State of Maine and its citizens and the rights of shippers to receive service. It is critical that shippers have accessibility to the rail lines, which provide great economic benefit to our State.

"The LePage Administration is committed to ensuring safe, continuous rail operations within the State of Maine for the benefit of shippers, the business community, and the citizens of the State of Maine.

"In addition, MaineDOT has and will continue to consult and work with the Federal Rail Administration in this situation."

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