Regional Rail, LLC accounced today that it has acquired a majority ownership interest in Diamondback Signal, LLC. Diamondback Signal specializes in the design, construction, and maintenance of signal installations for railroad/highway crossings. Diamondback has contracts with 21 railroads and private industries throughout the United States to provide maintenance and inspection of their signalized crossings, and has also secured a number of crossing signal construction and rehabilitation projects. Regional Rail, LLC’s President, Bob Parker, stated that “This acquisition illustrates Regional Rail, LLC’s continuing interest to invest in rail related entities and operations in addition to traditional railroad operations”. To see the complete press release, click here.
Regional Rail, LLC announced today that it has acquired a rail served Construction and Demolition Debris (C&D) transfer station in Conshohocken, PA (formerly known as Conshohocken Rail). The new company, Conshohocken Recycling & Rail Transfer, LLC is a high throughput transfer station with dual inbound and outbound truck scales, a 25,000 sqft transfer building, and is located on a 12 acre site. Regional Rail, LLC’s President, Bob Parker, stated that “This acquisition illustrates Regional Rail, LLC’s intent to look at rail related entities and operations in addition to the traditional short line deals”. To see the complete press release, click here.
Regional Rail, LLC, and its railroads are featured in the 4th Quarter edition of Norfolk Southern's shortline newsletter iNShort. The story describes the history of the companies and what Regional Rail has done to reinvigorate them, as well as some of the challenges that we've faced. You can read the full article by clicking here, and going to page 2.
Two of Regional Rail, LLC's railroad have received grants from the states that they operate in to perform track and facility upgrades.
The East Penn Railroad, LLC received a grant from the Pennsylvania Department of Transportation (PennDOT) for $560,000 to rehabilitate track and a railroad bridge, install new ties, resurface track, install new bridge timbers and rehabilitate three grade crossings in Chester County. Click here to see the PennDOT press release.
The Middletown and New Jersey Railroad, LLC received a $1.6 million New York State Department of Transportation (NYSDOT) grant to perform rail upgrades on the four lines it operates in Orange County. The railroad will rehabilitate the line between Campbell Hall and Warwick and portions of the track in Middletown and between Walden and Montgomery. Click here to see a Mid-Hudson News article.
Regional Rail, LLC, is pleased to announce that it has entered into an agreement to acquire the rail, transload, and trucking assets of the Tyburn Railroad Company. Tyburn Railroad operates a shortline railroad, a liquid and dry bulk transload facility, and provides truck pick up and delivery services from its facility in Morrisville, PA. Tyburn connects to CSXT and NS. These assets will be operated as part of Regional Rail’s newly formed subsidiary, Tyburn Railroad, LLC (TYBR). Regional Rail recently filed a notice of exemption with the Surface Transportation Board and plans to commence operations on September 1, 2011.
“The acquisition of the Tyburn allows us to continue to focus on growing our core shortline railroad portfolio, while also expanding our current service offerings to include transloading and regional truck pickup and delivery” commented Bob Parker, Regional Rail LLC’s President and CEO. Al Sauer, Regional Rail LLC’s Vice President and CCO added “We look forward to serving Tyburn’s existing customers, and we plan to leverage the considerable transload capacity within the Morrisville terminal to grow the business and expand into additional dry and liquid bulk commodities.”
Regional Rail, LLC, said it has commenced operations august 1, 2011 on its lease of the York Industrial Track from Norfolk Southern Corp. The York Industrial Track, which runs from York, Pa., to Stony Brook, Pa. will be operated as part of its subsidiary East Penn Railroad, LLC, which serves southeastern Pennsylvania and Delaware. The new operation will connect to Norfolk Southern and to York Railway at York, PA.
“We want to thank NS for their efforts and support in achieving a seamless start of our operations in York, and we look forward to working with NS to grow the business on this new line,” said Regional Rail President and CEO Bob Parker.
Regional Rail Vice President Al Sauer said, “We have been pleasantly surprised by the number of new business opportunities that customers have shared with us already. ESPN’s operation of the York line is off to a nice start. ”
Regional Rail, LLC, has entered into an agreement with Norfolk Southern Corp. to lease and operate the Class I railroad’s York Industrial Track, which runs from York, Pa., to Stony Brook, Pa. The line will be operated as part of our subsidiary East Penn Railroad, LLC, which serves southeastern Pennsylvania and Delaware.
Regional Rail filed the notice of exemption with the Surface Transportation Board last week and plans to initiate service on the line on August 1.
“This addition to our operations further illustrates our solid relationship with NS which has resulted from our mutually beneficial carload growth and quality service on our existing NS served lines,” said Regional Rail President and CEO Bob Parker.
Regional Rail Vice President Al Sauer said, “The presence of a number of existing customers, along with the opportunity to reactivate rail service to other customers and the ability to provide transload services to non rail served facilities gives us an established base from which to grow and expand the carload traffic on the York Line.”
Look here for more information on the new operation in the near future.
10/8/10 - Regional Rail LLC Expands Middletown and New Jersey Railroad LLC
Regional Rail, LLC, is pleased to announce the expansion of the Middletown and New Jersey Railroad, LLC (M&NJ) commencing October 8, 2010. M&NJ has entered into an agreement with Norfolk Southern Corporation (NS) to lease and operate 36 miles of track
(and associated trackage rights) known as the NS Campbell Hall Cluster. M&NJ will operate the Hudson Secondary from Campbell Hall, NY to a connection with the New York, Susquehanna, and Western Railway Corp (NYSW) in Warwick, NY, as well as the Walden Secondary from Campbell Hall NY to Walden, NY, and the Maybrook Industrial Track from Campbell Hall, NY to Montgomery, NY.
Bob Parker, Regional Rail LLC’s President and CEO, noted that “Our strong relationship and history of carload growth with NS at the M&NJ and at our other NS served lines was a key to consummating this deal.” Al Sauer, Regional Rail LLC’s Vice President and CCO added “We are very pleased to be expanding our rail service in southeastern NY. The Campbell Hall Cluster serves a diverse customer base, and these lines are well positioned to serve expanding warehouse and distribution operations in this area”.