Central Texas & Colorado River begins operations
Written by Mischa Wanek-Libman, editorA new rail operation looks to convince potential customers it still brings heart to Texas railroading.
The Central Texas & Colorado River Railway, LLC (formerly Heart of Texas Railroad), began operations Aug. 2, 2016. The 68- mile line runs due west from Lometa, TX, where it interchanges with BNSF, to Brady, TX.
A managed affiliate of OmniTRAX, Inc., and an affiliate of The Broe Group, purchased the former Heart of Texas Railroad from private local investors in May and renamed the railroad.
At the time of the purchase, Kevin Shuba, chief executive officer of OmniTRAX, said, “The Central Texas & Colorado River Railway is a great opportunity for OmniTRAX with at least three good long-term mineral prospects on the line. As a distressed asset that can be turned around with our expertise, it’s right in our sweet spot. We want to thank the sellers for their efforts in starting to implement a restructuring plan and making the closing of the transaction as smooth as possible.”