NEW YORK — The Wheeling & Lake Erie Railway — at 840 miles the largest independent regional railroad in the U.S. — is being acquired by FTAI Infrastructure in a billion-dollar deal, the companies announced today. FTAI, which owns short line and terminal switching operator Transtar, will pay The Wheeling Corp. $1.05 billion to acquire […]
Infrastructure fund to acquire Ohio-based regional Wheeling & Lake Erie Railway
