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New Deal


Announced

Gulf & Atlantic Railways to acquire Camp Chase Railroad, Chesapeake & Indiana Railroad and Vermilion Valley Railroad.

Synopsis

Gulf & Atlantic Railways, a railway operator in South East of Unites States, agreed to acquire Camp Chase Railroad, Chesapeake & Indiana Railroad and Vermilion Valley Railroad. Financial terms were not disclosed. “We look forward to continuing the safe, customer-focused operations of these railroads, which we believe are complementary to our existing business. The high-quality leadership at Midwest & Bluegrass has done a tremendous job of enhancing these lines and preparing them for growth. We are eager to begin working with the solid group of professional railroaders who will soon join the Gulf & Atlantic team,” Ryan Ratledge, G&AR CEO.

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