Acquisitions are continuing apace within the U.S. freight rail industry, with an infrastructure investment firm acquiring SMBC Rail Services and CN taking a stake in Atlanta Canada short-line railroad.
ITE Management affiliate to acquire SMBC Rail ServicesAn affiliate of ITE Management, a transportation and infrastructure investment firm, plans to acquire SMBC Rail Services, a full-service rail car lessor, the companies announced Tuesday.
As part of the acquisition, SMBC Rail Services’ rail cars...
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