Las Vegas Railway Express acquires United Rail

The Las Vegas Railway Express Inc. has acquired United Rail, owner of the Rail Management Services short-line management package.

RMS will become the primary business for the Las Vegas company, which will seek short lines to use the system for their business management backbone. Las Vegas Railway Express owns the X Train brand and brand licensor.

"By affiliating under our United Rail brand and deploying the RMS system, we can offer access to capital, discounts on insurance products and much more via our larger purchasing footprint to our X Train affiliates," said Las Vegas Railway Express Chief Executive Officer Wayne Bailey in a press release.

Affiliate short lines using RMS only will pay for the services they use, according to the release.

The system currently is in use by X Rail Entertainment Inc. on its X Wine Railroad service. It's also slated to be used for future Los Angeles-to-Las Vegas service, which is slated to start in June.

Financial details of the acquisition weren't disclosed.

Las Vegas Railway Express is working to acquire short lines that have freight and/or passenger operations. The company has licensed X Rail Entertainment Inc. to use the X Train brand on the X Wine Railroad luxury passenger service.