Now in vogue: Class I roads buying short lines
Seven recent transactions reverse long-term spinoff trend
Bill Stephens bybillstephens@gmail.com Analysis: Trains.com
NEWS PHOTOS
It’s hard to say when a trend becomes a trend. But Canadian National’s proposed acquisition of the 218mile Iowa Northern Railway suggests that short lines and regionals getting gobbled up by Class I railroads is now a thing. Since 2020, Class I...
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