The owner/operator of many short lines and regional roads, including an outfit in Australia, sells off its holdings. Portland & Western interchange partner of A&E (My shorty), UP, BNSF, leaves a few locals to wonder if they'll have jobs after the deal is finalized.
The owner/operator of many short lines and regional roads, including an outfit in Australia, sells off its holdings. Portland & Western interchange partner of A&E (My shorty), UP, BNSF, leaves a few locals to wonder if they'll have jobs after the deal is finalized.
https://www.progressiverailroading.com/m_a/news/Brookfield-Infrastructure-partners-to-acquire-Genesee-Wyoming-for-84B--57934
Lotta money changing hands. I'd bet Brookfield will sell off lots of marginal shorties once that big check is cashed!
-- Edited by Uke on Saturday 13th of July 2019 11:13:13 PM