Reading & Northern acquires transload warehouse

Reading & Northern Railroad's sister company Reading Railroad Transfer LLC has acquired the former Penn Foster warehouse in Ransom, Pennsylvania.

The 83,551-square-foot paper-grade facility will serve as a new transload facility for wood pulp and potentially other forest products. Situated on 30 acres, the warehouse is adjacent to Reading & Northern's Susquehanna Branch.

"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 chief executive officer and owner, in a press release.

Reading Railroad Transfer completed the acquisition on Oct. 31.