OmniTRAX announced a joint venture partnership to acquire the Santa Maria Valley Railroad in California’s Central Coast region.
The deal is OmniTRAX’s 29th rail operation in its expanding national network, North America’s largest privately owned shortline holding company.
Terms were not disclosed.
The Santa Maria Valley Railroad is a historic 114-year-old line operating 15 miles of mainline track connecting local commercial and agricultural businesses to coastal ports and the broader North...
https://www.freightwaves.com/news/omnitrax-joint-venture-acquires-california-short-line-railroad