Iron Road ceased operations in late 2002 and NVR was merged along with Canadian American Railroad, Bangor and Aroostook Railroad and Quebec Southern Railway to form Montreal, Maine and Atlantic Railway, which also went bankrupt following the Lac-Mégantic disaster.
Iron Road ceased operations in late 2002, and NVR was merged with Canadian American Railroad, Bangor and Aroostook Railroad, and Quebec Southern Railway into Montreal, Maine and Atlantic Railway. This new company also faced bankruptcy following the Lac-Mégantic incident.