STB OKs Fortress Acquisitions
The Surface Transportation Board (STB) on Nov. 26 granted authority for Fortress Investment Group LLC (Fortress) to acquire control of Class II Wheeling & Lake Erie Railway Company (W&LE) and terminal switching
The Surface Transportation Board (STB) on Nov. 26 granted authority for Fortress Investment Group LLC (Fortress) to acquire control of Class II Wheeling & Lake Erie Railway Company (W&LE) and terminal switching
Call it the little railroad that did and does, and know that twice during the previous century it attracted iconic Wall Street titans nurturing seamless transcontinental schemes.
FTAI Infrastructure Inc. on Aug. 6 reported agreeing to purchase The Wheeling Corporation, owner of two-time Railway Age Regional of the Year recipient Wheeling & Lake Erie Railway Company (W&LE), for cash
Wheeling & Lake Erie Railway Company (W&LE), a two-time Railway Age Regional Railroad of the Year recipient, unveils “patriotic powerhouse” No. 1776, plus a specially painted hopper car in honor of Breast
RAILWAY AGE, MARCH 2024 ISSUE: Customer dedication is key to this regional’s success.