Oklahoma-based Farmrail and the six other owners sold their interests in Marquette Rail to RailAmerica in May. RailAmerica, which owns and operates 45 short-line and regional freight railroads in North America and Canada, reportedly paid $40 million for MQT. MQT serves West Michigan and operates …
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In May, “wagon” loads of grain are expected to be brimming Down Under on trains operated by Pittsburg, KS-based Watco Companies for CBH Group of Western Australia. Trains are moving ahead of schedule and should be in full force once more equipment arrives. CBH, a …
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Patriot Rail Corp. was busy in the final months of 2011 in Louisiana and Arkansas. The short line and regional freight railroad holding company based in Boca Raton, FL, signed a rail car service agreement and added new frac sand business. The company owns and …
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