| Aroostook Valley Railroad | AVR | 1910 – 1996 | HB |
| Batten Kill Railroad | BKRR | 1982 – | HB |
| Belfast & Moosehead Lake Railroad | BML | 1971 – 2001 | HB |
| Berlin Mills Railway | BMS | | HB, TS |
| Claremont & Concord Railway | CCRR | 1954 – 1988 | |
| Clarendon & Pittsford | CLP | | TS |
| Fore River Railroad | FRVT | 1903 – present | |
| Goodwin Railroad | GRI | Feb 1977 – 1980 | |
| Grafton & Upton Railroad | GU | 1873 – present | |
| Green Mountain Railroad | GMRC | 1964 – present | TS |
| Greenwich & Johnsonville Railway | GJ | 1866 – 1982 | |
| Lamoille County Railroad | LVRC | 1973 – 1978 | |
| Lamoille Valley Railroad | LVRC | 1978 – 1995 | TS |
| Maine Coast Railroad | MC | 1990 – 2000 | |
| Massachusetts Central Railroad | MCER | 1975 – present | |
| Montpelier & Barre Railroad | MB | 1956 – 1980 | |
| Moshassuck Valley Railroad | MOV | 1877 – 1982 | |
| Narragansett Pier Railroad | NAP | 1876 – 1981 | |
| North Stratford Railroad | NSRC | May 1977 – | HB, TS |
| Portland Terminal Company | PT | 1911 – 1981 | |
| Providence & Worcester Railroad | PW | 1847 – present | TS |
| Springfield Terminal Railway | ST | | TS |
| St. Johnsbury & Lamoille County Railroad | SJL | 1948 – 1973 | |
| Vermont Northern Railway | NVR | 1973 – 1978 | |
| Vermont Railway | VTR | | TS |
| Warwick Railway | WRWK | 1875 – 1982 | TS |
| Washington County Railroad | WACR | 1980 – present | |
| Wolfeboro Railroad | WLFB | | |