Noncarrier holding company Tarantula Corporation finalizes its acquisition of all Texas Central Railroad stock from Birdsong Corporation. Also, Genesee & Wyoming’s New England Central Railroad (NECR) and Rapid City, Pierre & Eastern Railroad (RCPE) celebrate their 30th and 10th anniversaries, respectively.
The Louisville & Indiana Railroad (LIRC) and the Rapid City Pierre & Eastern accepted Railway Age’s annual Short Line & Regional Railroads of the Year Awards at the American Short Line and Regional Railroad Association (ASLRRA) CONNECTIONS Convention in Orlando, Fla., on April 9.
Genesee & Wyoming is considering a major change to its financial structure and ownership, and is exploring either taking on a strategic investment partner or an outright sale, according to a report from Bloomberg.
Railway Age honors the Louisville & Indiana Railroad Company and the Rapid City, Pierre & Eastern Railroad as its 2019 Short Line (Class III) and Regional (Class II) Railroads of the Year. Both carriers will be recognized at the American Short Line & Regional Railroad Association Connections Convention in Orlando, Fla., on Tuesday, April 9.
