Regional Rail continues the expansion of its network in the Midwest via the acquisition of two short-line freight railroads
3i-backed Regional Rail, a leading owner and operator of short-line freight railroads across North America, has agreed to acquire Indiana Eastern Railroad and Ohio South Central Railroad, which operate a combined 107 miles of mainline freight railroad across Indiana and Ohio. The rail lines serve an attractive set of industrial customers across a variety of end-markets, including food & agriculture and chemicals. The acquisition further expands Regional Rail’s existing Midwest U.S. presence, which it built out through the acquisition of the Effingham Railroad Company, South Point & Ohio Railroad, and Illinois Western Railroad Company in December 2022, in addition to the company’s freight rail operations at the Port of Indiana-Burns Harbor that commenced in October 2022.