Burlington Northern and Santa Fe Railway Company has sold and leased 288 miles of track in and around Mobile, Ala., to RailAmerica’s wholly-owned subsidiary, the Alabama & Gulf Coast Railway for about $15 million.
Genesee & Wyoming Inc. (GWI) (NYSE: GWR) announced today that it has signed a 15-year agreement with The Burlington Northern and Santa Fe Railway Company (BNSF) to lease a 76-mile rail line between the cities of Salem and Eugene, Oregon.
