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3i-Backed Regional Rail Acquires Two Short-Line Freight Railroads

3i-Backed Regional Rail Acquires Two Short-Line Freight Railroads
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Rail News - Regional Rail to buy three Midwest short lines. For Railroad Career Professionals

Railroad industry news about: Regional Rail LLC, Agracel Rail Holdings, short line acquisition, Effingham Railroad Co., South Point & Ohio Railroad, Illinois Western Railroad Co., Al Sauer, 3i Group, Burns Harbor Railroad LLC. From the editors of Progressive Railroading Magazine ....

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Agracel Unveils Rail Affiliate, Partnership


Agracel Unveils Rail Affiliate, Partnership
May 25, 2021
Agracel Unveils Rail Affiliate, Partnership
Written by
Marybeth Luczak, Executive Editor
Effingham, Ill.-based Agracel Rail has formed South Point & Ohio Railroad to lease, operate and manage The Point Industrial Park’s (pictured) rail services.
Agracel Rail Holdings, a new affiliate of industrial development services provider Agracel, Inc., has teamed with Lawrence Economic Development Corp. (LEDC) to revamp The Point Industrial Park in South Point, Ohio.
Effingham, Ill.-based Agracel Rail formed South Point & Ohio Railroad (SPOR) to lease, operate and manage The Point’s rail services and invest in safety improvements and track upgrades. It will market several hundred acres of industrial park sites, and work with LEDC, OhioSE and JobsOhio to attract and retain manufacturing jobs in the region. ....

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