-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, GgZdIGAcXGTFISCpBvZbyW99+xwo7cNcCL2Yo8YXJxxQpYbNgxyC6+FhQFSnOwgr 6mCznp50wPOWX9pXZi3mng== 0000831968-07-000068.txt : 20070711 0000831968-07-000068.hdr.sgml : 20070711 20070711150615 ACCESSION NUMBER: 0000831968-07-000068 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20070711 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20070711 DATE AS OF CHANGE: 20070711 FILER: COMPANY DATA: COMPANY CONFORMED NAME: PROVIDENCE & WORCESTER RAILROAD CO/RI/ CENTRAL INDEX KEY: 0000831968 STANDARD INDUSTRIAL CLASSIFICATION: RAILROADS, LINE-HAUL OPERATING [4011] IRS NUMBER: 050344399 STATE OF INCORPORATION: RI FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-12761 FILM NUMBER: 07974156 BUSINESS ADDRESS: STREET 1: 75 HAMMOND ST CITY: WORCESTER STATE: MA ZIP: 01610 BUSINESS PHONE: 5087554000 MAIL ADDRESS: STREET 1: PROVIDENCE & WORCESTER RAILROAD CO STREET 2: 75 HAMMOND STREET CITY: WORCESTER STATE: MA ZIP: 01610 8-K 1 body8-k20070711.txt FORM 8-K United States SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15 (d) of the Securities Exchange Act of 1934 Date of Report: July 11, 2007 PROVIDENCE AND WORCESTER RAILROAD COMPANY - -------------------------------------------------------------------------------- (Exact name of registrant as specified in its charter Rhode Island 0-16704 05-0344399 - -------------------------------------------------------------------------------- (State of incorporation (Commission (IRS Employer Iden- or organization) File Number) tification No.) 75 Hammond Street, Worcester, Massachusetts 01610 - -------------------------------------------------------------------------------- (address of principal executive offices) (Zip Code) Registrant's telephone number: 508-755-4000 - -------------------------------------------------------------------------------- N/A - -------------------------------------------------------------------------------- (Former name or former address, if changed since last report) ITEM 8.01 Other Events ------------ By press release dated July 11, 2007 the Registrant announced to the general public that it has entered into an eight-year collective bargaining agreement with the Brotherhood of Railroad Signalmen ("BRS"), whose members constitute all of the Company's maintenance crafts including maintenance of equipment, maintenance of way and communications and signals departments. A description of the foregoing is contained in the press release referred to above, a copy of which is attached hereto as Exhibit 20 and is incorporated herein by reference. Item 9.01 Financial Statements and Exhibits --------------------------------- The following exhibit is filed with this report: Exhibit 20 - Press Release dated July 11, 2007 Signature Pursuant to the requirements of the Securities and Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned thereto duly authorized. Providence and Worcester Railroad Company By: /s/ Robert J. Easton -------------------- Robert J. Easton, Treasurer and Chief Financial Officer Date: July 11, 2007 2 Exhibit 20 ---------- ----------------------------------------- Providence and Worcester Railroad Company ----------------------------------------- Providence and Worcester Railroad Company Contact: Marie A. Angelini 75 Hammond Street Worcester, MA 01610 Phone (508) 755-4000, ext. 365 Fax (508) 795-0748 Press Release Providence and Worcester Railroad Company Announces Labor Agreement Worcester, MA, July 11, 2007, Providence and Worcester Railroad Company (AMEX: "PWX") today announced that it has entered into an eight-year collective bargaining agreement with the Brotherhood of Railroad Signalmen ("BRS"), whose members constitute all of the Company's maintenance crafts including maintenance of equipment, maintenance of way and communications and signals departments. P. Scott Conti, the Company's President, said, "We are pleased with the results of the negotiations and believe this agreement is good for both the Company and the Union." In August 2006, the Company announced that it had entered into an eight-year agreement with the Transportation Communications International Union, which represents all the Company's clerical employees and, in October 2005, the Company announced that it had entered into an eight-year agreement with the United Transportation Union, which represents all of the Company's train service employees. The Company is a regional freight railroad operating in the states of Massachusetts, Rhode Island, Connecticut and New York. The Company transports a wide variety of commodities, including construction aggregate, iron and steel products, chemicals, lumber, scrap metals, plastic resins, cement, coal, construction and demolition debris, processed foods and edible food stuffs, such as frozen foods, corn syrup and animal and vegetable oils. By agreement with a private operator, the Company also operates two approved custom bonded intermodal yards in Worcester, MA, primarily for the movement of container traffic from the Far East destined for points in New England. - ----------------- This release contains "forward-looking statements" within the meaning of section 21E of the Securities and Exchange Act of 1934, as amended. These forward-looking statements represent the Company's present expectations or beliefs concerning future events. The Company cautions that such statements are necessarily based on certain assumptions which are subject to risks and uncertainties, including, but not limited to, changes in general economic condition, and changing competition which could cause actual results to differ materially from those indicated herein. Further information on these risk factors is included in the Company's filings with the Securities and Exchange Commission. Contact Person: P&W: Marie A. Angelini (508) 755-4000 (x365) -----END PRIVACY-ENHANCED MESSAGE-----