Passenger Service to Hearst ending on July 15

Well, that’s it. Thanks to the lack of financing obtained by RailMark, it seems the passenger service will make its last run next week:

Sault-Hearst rail service to cease July 15

RailMark’s financing, in the form of a line of credit, was the Economic Development Corporation’s primary pre-condition for RailMark to prove their financial health and stability prior to having the city sign the agreement to transfer funding from the federal government and while at last report RailMark was still attempting to obtain sources of financing, it appears this is no longer forthcoming.

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