03.03.2023
Artikel Nummer: 44149
Short rail line in Florida changes hands
Railfreight company Rail USA has acquired the 690 km Florida Panhandle Rail Line from US class I railway CSX. The line is now named Florida Gulf & Atlantic Railroad (FG&A) and operates from Baldwin, FL, (near Jacksonville) to Pensacola, FL, passing through Tallahassee, FL, with a connection to Attapulgus, GA. Terms of the transaction were not disclosed.
FG&A transports 30,000 carloads of freight annually. The rail line has 65 employees, 18 locomotives and is headquartered in Tallahassee, Florida. FGA will continue to interchange with CSX.
FG&A is the Rail USA’s second acquisition to date. In 2018, the company acquired already the Grenada railroad, a 330 km rail line between Memphis, TN, and Canton, MS. (ben)