due to declining traffic, rising costs, and falling revenues. Under the Grand Trunk and later the Canadian National, the Central Vermont system saw many of its unprofitable branch lines abandoned. The CN continued to operate the CV as a modestly successful system; however, in the process leading up to the privatization of the CN, which took place on November 28, 1995, several non-core routes were identified for sale, one of then being the CV. On February 3, 1995, the CN sold the CV mainline from New London, Connecticut, to East Alburg, Vermont, to shortline operating company RailTex, which renamed the property the New England Central Railroad. RailTex was merged into RailAmerica in 2000. Genesee & Wyoming acquired RailAmerica at the end of 2012. Operations have continued as before. Divisions and branches Richford Branch This line was formed as the Missisquoi Railroad, then became the Missisquoi Valley Railroad, and then the Missisquoi Valley Division, before gaining its final name. Operations continued on the entire length until 1984, when a derailment on the bridge spanning the Missisquoi River near Sheldon, Vermont, forced the dismantlement of one of three spans. Operations continued on the east end, while the Lamoille Valley Railroad operated on the isolated west end of the line to Richford occasionally after 1989. In 1990 the tracks from St. Albans to the bridge were pulled up. The following stops were made on the branch from west to east: Saint Albans, Vermont (interchange with the Central Vermont Railway) Green's Corners, Vermont Sheldon Springs, Vermont Sheldon, Vermont (interchange with the Missisquoi Pulp and Paper Company) North Sheldon, Vermont Sheldon Junction, Vermont (interchange with the Saint Johnsbury and Lake Champlain Railroad) East Frankin, Vermont Enosburg Falls, Vermont North Enosburg, Vermont East Berkshire, Vermont Richford, Vermont (interchange with the Canadian Pacific Railway) References External links Central Vermont Railway Historical Society The Central Vermont Railway at George Elwood's Fallen Flags site Picturing the Past: The Central Vermont Railway - includes many railway photos Mamacoke Company Portal to Central Vermont Railway Archives Railway companies established in 1899 Railway companies disestablished in 1995 American companies established in 1899 American companies disestablished in 1995 Grand Trunk Railway subsidiaries Canadian National Railway subsidiaries Defunct Connecticut railroads Defunct Massachusetts railroads Defunct New Hampshire railroads Defunct Vermont railroads Defunct Quebec railways Former Class I railroads in the United States Standard gauge railways in the United States Predecessors of the Grand Trunk Railway