PITTSBURGH — U.S. Steel will sell its subsidiary which operates the company’s six remaining railroads to a subsidiary of Fortress Transportation and Infrastructure Investors for $640 million, the steelmaker announced Tuesday. Trains Wire reported almost a year ago that U.S. Steel was seeking a buyer for Transtar [see “U.S. Steel looks to sell remaining rail […]
U.S. Steel to sell rail subsidiary to Fortress Transportation and Infrastructure
