Reading & Northern acquires Penn Foster warehouse

Written by Kyra Senese, managing editor
image description
File photo

The Reading & Northern Railroad, through its sister company, Reading Railroad Transfer, LLC, acquired the former Penn Foster warehouse facility located in Ransom, Pa.

The paper-grade warehouse spans 83,551 square feet and is set to serve as a new transload facility for wood pulp with the potential to transload other forest products, officials said.

The warehouse is located on more than 30 acres of land next to Reading & Northern’s Susquehanna Branch, which is served daily.

This warehouse adds to the Reading & Northern Railroad’s transloading network, which includes two transload facilities and an additional warehouse.

“This acquisition marks an important milestone for our railroad. We have always made investments in freight cars and service improvements, but this beautiful warehouse marks a continuation of our investment in transloading, warehousing and trucking,” said Andy Muller, Jr., Reading & Northern’s CEO and owner. “Reading & Northern will continue to work to provide our customers with the best possible service package.”

Reading & Northern’s corporate headquarters is located in Port Clinton, Ohio. The privately-held
railroad company serves more than 70 customers in nine eastern Pennsylvania counties. Officials said it has expanded its operations throughout the past three decades and now handles more than
30,000 carloads of freight and 120,000 excursion train riders throughout 340 miles of track.

Reading and Northern operates both freight services and steam and diesel-powered excursion passenger services, owns almost 1,300 freight cars, and employs more than 200 dedicated employees. Reading &Northern has repeatedly been honored as one of the premier railroads in the nation. The acquisition was announced on Oct. 31, 2018.

Categories: OFF Track Maintenance, Supplier News
Tags: , , ,

Media