OmniTRAX purchases two lines from CSX

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DENVER — An affiliate of shortline holding company OmniTRAX has purchased two lines which OmniTRAX had been leasing from CSX Transportation.

Now under OmniTRAX ownership are the Alabama & Tennessee River Railway and the Fulton County Railway.  Terms of the transaction were not disclosed.

“The Alabama & Tennessee River Railway and the Fulton County Railway have been great operations for OmniTRAX due to the business friendly climate in Alabama and Georgia, strong regional commodity flows and select expansion opportunities,” Kevin Shuba, CEO of OmniTRAX, said in a media release.

“The transaction marks another milestone in our strong relationship with CSX. We thank the CSX team for their professionalism during the process and look forward to working with them to support current and future customers on the two railroads.”

The Alabama & Tennessee River operates 120 miles of track between Birmingham and the port of Guntersville, Ala. The Fulton County Railway operates more than 25 miles of trackage in the Fulton County Industrial Park near Atlanta. OmniTRAX had been leasing both lines from CSX since 2004. Operations on both railroads are expected to remain unchanged.

 

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