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Rail News: Short Lines & Regionals
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.
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