The Great Walton Railroad Company has asked federal regulators to retroactively authorize its control of a Georgia short line it has effectively run for a quarter-century without the required approval.
Henry Posner III has filed a verified notice of exemption seeking authority to acquire a 27.75% stake in Morristown & Erie Railway, a Class III railroad operating in New Jersey.
The Georgia Central Railroad withdrew its petition filed with the Federal Railroad Administration seeking special approval to operate with one-person crews.
CMC Railroad, which provides rail switching, railcar storage, and related rail services to tenants and customers at Gulf Inland Logistics Park in Dayton, Texas, announced the closing of an $87.9 million credit facility with Bank of Texas, a division of BOK Financial.
The town of Gloster, Mississippi, is moving to acquire and restore a 32.7-mile railroad line between Mississippi and Louisiana that has not seen common-carrier service since 2010.
The Surface Transportation Board has approved Rapid City, Pierre & Eastern Railroad’s acquisition of a 15.33-mile state-owned rail line in South Dakota that the railroad has operated under lease since 2014.
Avory B. Beggs is seeking federal authorization to acquire indirect control of two Class III railroads through a proposed ownership change at Midwest & Bluegrass Rail.
A noncarrier has filed a verified notice of exemption to acquire a roughly 11-mile rail line in Conshohocken, Pennsylvania, from Cleveland-Cliffs Railways Inc., which does business as the Upper Merion & Plymouth Railroad.