OmniTrax ends interest in operating New York short line, leaving one applicant NEWSWIRE

QUEENSBURY, N.Y. — OmniTRAX has withdrawn its application to run the Saratoga Springs-North Creek, N.Y., line formerly operated by Iowa Pacific, leaving just one group as a potential operator. “We’ve got better opportunities elsewhere,” OmniTRAX spokesman Ron Margulis told the Albany Times Union. Originally, three groups had considered taking over the route operated by Iowa […]

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Floods disrupt freight service on South Dakota line NEWSWIRE

PIERRE, S.D. – It could be early June before freight service is fully restored on the Rapid City, Pierre & Eastern Railroad east of Pierre, S.D. Heavy rains last week led to multiple washouts, including two severe washouts, on the Genesee & Wyoming-owned property in central South Dakota. G&W spokesman Michael Williams tells News Wire […]

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Brookfield Asset Management, Blackstone Group show interest in Genesee & Wyoming NEWSWIRE

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DARIEN, Conn. – Investment firms Brookfield Asset Management Inc. and Blackstone Group LP have shown interest in acquiring shortline railroad operator Genesee & Wyoming. The inquiries are made through affiliate companies Stonepeak Infrastructure Partners and EQT Partners, according to Bloomberg. In March, Trains News Wire reported of G&W’s desire for an investment parter, or outright […]

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Cimarron Valley acquires secondhand GE locomotives NEWSWIRE

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Cimarron Valley C40-8 No. 4053 sits outside Metro East Industries’ paint booth in East St. Louis, Ill. The locomotive was built as CSX No. 7616 in 1990. Mark Mautner SATANTA, Kan. – Cimarron Valley Railroad has been awarded a grant by Kansas Department of Transportation to assist in replacing the train line’s 13 aging locomotives […]

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Pioneer RailCorp agrees to merger with Brookhaven NEWSWIRE

Pioneer RailCorp owns the Keokuk Junction Railway, which operates FP9 locomotives in an A-B-A arrangement.

A Keokuk Junction Railway’s FP9 locomotive leads a train in Illinois. Keokuk’s parent company is being merged with Brookhaven Rail Partners. Steve Smedley PEORIA, Ill. — Pioneer RailCorp, which operates a number of shortline railroads, announced in a news release Friday that the company has entered into a merger agreement with Brookhaven Rail Partners to […]

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Paper mill closure may affect short line NEWSWIRE

LUKE, Md. — The shutdown of the Verso Corp. paper mill here may affect the industrial switching activities of the Georges Creek Railway, according to the railroad’s Gerald Altizer. The mill, which occupies 228 acres and has been in operation for 131 years, is scheduled to close on June 30. It employs 675 people from […]

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