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Rail News Home M&A

2/22/2005



Rail News: M&A

OmniTRAX's new Alabama road raises short-line roster to 15


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OmniTRAX Inc. recently began operating the Alabama & Tennessee River Railway L.L.C. (ATN) — the holding company's 15th short line.

Earlier this year, OmniTRAX leased 120 track miles from CSX Transportation between Birmingham and Gadsden, Ala. (the Class I's former Alabama Mineral Subdivision). ATN will interchange with CSXT in Birmingham and Norfolk Southern Railway in Alabama City.

The short line will serve more than 40 shippers, including Progress Rail Services Corp., Tyson Foods, SMI Steel, Georgia-Pacific Corp., Goodyear Tire and Rubber Co., Cargill and Bowater Lumber. ATN also will serve the Port of Guntersville.

"[We're] pleased with this new opportunity to work with CSXT in an effort to provide shippers enhanced service and support for their business growth," said OmniTRAX Chief Operating Officer Bob Parker in a prepared statement.

In January, OmniTRAX purchased and/or leased from BNSF Railway Co. a cluster of branch lines totaling 160 track miles in Washington and British Columbia, Canada, and began operating its 14th short line, the Kettle Falls International Railway L.L.C.