
Short Line/Regional
Railmark Sells Michigan Railroad
WALLED LAKE, Mich. — Railmark Holdings announced that it sold its Michigan Air-Line Railway Co. to Nebraska-based Browner Turnout Co. The Oakland County Michigan railroad serves the communities of West Bloomfield, Commerce Township, Walled Lake and Wixom and is the home of the iconic Star Clipper Dinner Train, the first dinner train in North America, now in its 25th season. Browner Turnout Co. becomes the fifth owner of the rail line in 123 years. The price and terms of the sale are not being disclosed by the Company, however, Railmark is using the transaction to eliminate its long-term debt, redeem