Byline: Tim Beidel Staff writer
More than a dozen Delaware & Hudson Railway employees paced back and forth on the worn carpet at the company's headquarters Tuesday evening, waiting for the fax or the phone call that would make their future clear.
When the grim news came through that Canadian Pacific Ltd. had withdrawn its offer to buy the bankrupt railroad, employees were left hoping that officials would be able to find some new way to make the struggling railroad viable.
"It's just a 30-day extension of uncertainty, that's all it is," said an employee who would not give his name.
John Parola, executive vice president of D&H, said the …
No comments:
Post a Comment