Short line and regional railroads are polishing their entrepreneurial skills as they prospect for new customers and solidify links to Class 1s.
3i-backed Regional Rail plans to acquire two more short-line railroads, one in Ohio and one in Indiana, as part of a push to expand its presence in the Midwest.
3i Infrastructure-backed Regional Rail is adding Clinton Terminal Railroad to its assets in North Carolina.
Regional Rail, which is backed by United Kingdom investment firm 3i Infrastructure, is acquiring three short-line railroads from Agracel Rail Holdings.
Regional Rail, which is backed by infrastructure investment firm 3i, has acquired freight rail assets in western Canada that serve agricultural and energy interests.
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The acquisition will expand Regional Rail’s short line operations into North Carolina.
