MDDE

(Logos Courtesy of the Respective Companies)

Carload Express Acquiring MDDE

Carload Express, Inc. (Carload) has sought Surface Transportation Board (STB) approval to acquire Maryland & Delaware Railroad Company (MDDE) through the purchase of outstanding equity shares from parent company Old Line Holdings

Banks elevated to MDDE President

Federalsburg, Md.-based Class III Maryland and Delaware Railroad Company (MDDE) has promoted Cathrin S. Banks to President, effective Jan. 1, 2019. At 33, she is one of the youngest female CEOs in the railroad industry.