Wednesday, May 02, 2012

RailAmerica acquires Marquette Rail

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Jacksonville, Fla.-based RailAmerica, Inc., has officially completed its acquisition of Marquette Rail LLC for approximately $40 million. Marquette Rail is based in Ludington, Mich.

RailAmerica, Inc., owns and operates short line and regional freight railroads in North America, operating a portfolio of 45 individual railroads with approximately 7,500 miles of track in 28 U.S. states and three Canadian provinces.

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