Court documents show former Sen. George Mitchell would serve as the group’s fiduciary during the railroad’s bankruptcy proceedings.
Tom Bell
Posted inBusiness, Local & State, News
What does buyer see in small, bankrupt Maine railway?
The MM&A railroad’s customers are few and far between, but it’s the only line connecting Montreal and Saint John, Canada.
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Posted inBusiness, Local & State, News
Southwest Airlines sends Portland jetport use soaring
Nearly 60,000 additional passengers utilized the Portland airport in 2013, a rise of above 3.7 percent.
Posted inBusiness
International Marine Terminal getting new reach stacker
The equipment will be used to move containers around the terminal.
Posted inBusiness, Local & State, News
Much work remains to make new Portland ferry shipshape
Besides reconditioning the vessel, ferry service operators must secure permits showing enough financial reserves in order to sell tickets.
Posted inBusiness, Health, Local & State, News, Politics
Angus King wary of calorie labeling rules for restaurants, stores
The Maine senator works to ensure new regulations are not a burden on businesses.
Posted inBusiness, Local & State, News
Second party submits bid for bankrupt Maine railroad
If enough qualified bids are received, Montreal, Maine & Atlantic Railway will be sold at auction next Tuesday.
Posted inBusiness, Local & State, News
Maine trade mission to enhance ties to Iceland
The trip in June builds on a relationship that took root when shipper Eimskip set up shop in Portland.
Posted inBusiness, News
Maine bean plant fights petition to stop rail service
Meanwhile, the state sides with St. Lawrence & Atlantic Railway’s claim that volumes are so low it’s losing money on the line.
Posted inBusiness, Local & State, News
City lagging on ferry preparations
Yarmouth, Nova Scotia, is well ahead of Portland and Maine in the push to be ready by May 1.