Trains.com

Short Line Opportunities?

678 views
2 replies
1 rating 2 rating 3 rating 4 rating 5 rating
  • Member since
    February 2001
  • From: US
  • 377 posts
Posted by jsanchez on Tuesday, November 4, 2003 8:25 AM
I think the moratorium is over from the Conrail/CSX/NS merger on selling trackage, BNSFand CP rail are looking at selling more lines. So there are more opportunities for shortline acquisitions. Not sure about CSX or UP, I know CSX sold a lot of trackage in Kentucky recently.

James Sanchez

  • Member since
    April 2003
  • 305,205 posts
Posted by Anonymous on Monday, November 3, 2003 8:33 PM
Here's the quote from Gary Marino:

Marino concluded, "The acquisition environment in North America is stronger than it has been in recent years with several Class I railroads and private rail owners looking to divest of branch/short line rail properties. We believe the anticipated sale of our international railroads positions RailAmerica to take advantage of strategic opportunities as they become available in North America."
  • Member since
    April 2003
  • 305,205 posts
Short Line Opportunities?
Posted by Anonymous on Sunday, November 2, 2003 12:40 PM
I see that Gary Marino of Rail America said recently that there are a number of good short line opportunities for both purchasing Class 1 trackage and independent short lines that are for sale. Anybody have any idea what might be sold off and by whom?

LC

Join our Community!

Our community is FREE to join. To participate you must either login or register for an account.

Search the Community

Newsletter Sign-Up

By signing up you may also receive occasional reader surveys and special offers from Trains magazine.Please view our privacy policy