RailAmerica sales

News-in-print 1 Jun 2002 by WCN Editorial

RailAmerica Inc, the world’s largest short line and regional railroad operator, has sold the capital stock of its Texas New Mexico Railroad (TNMR) to Permian Basin Railways Inc, a whollyowned subsidiary of Iowa Pacific Holdings LLC, for US$2.25 mill. Permian Basin has also signed long-term operating lease for the assets of RailAmerica’s West Texas & Lubbock Railroad (WTLR) .

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Multimodal America - North Intermodal miscellaneous Places Rail America United States of America US Acquisitions and mergers

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RailAmerica sales ‣ WorldCargo News

RailAmerica sales

News-in-print 1 Jun 2002 by WCN Editorial

RailAmerica Inc, the world’s largest short line and regional railroad operator, has sold the capital stock of its Texas New Mexico Railroad (TNMR) to Permian Basin Railways Inc, a whollyowned subsidiary of Iowa Pacific Holdings LLC, for US$2.25 mill. Permian Basin has also signed long-term operating lease for the assets of RailAmerica’s West Texas & Lubbock Railroad (WTLR) .

𝕏

Do you want to read the full article?

Register to continue reading

By registering you will have:

Access to all Premium content
Discount on selected events
Full access to the entire digital archive
10x per year Digital Magazine

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Multimodal America - North Intermodal miscellaneous Places Rail America United States of America US Acquisitions and mergers

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