The transaction is anticipated to be completed in the third of this year, pending the fulfilment of standard closing ...

The Wheeling & Lake Erie Railway — at 840 miles the largest independent regional railroad in the U.S. — is being acquired by ...

Call it the little railroad that did and does, and know that twice during the previous century it attracted iconic Wall ...

FTAI Infrastructure Inc. on Aug. 6 reported agreeing to purchase The Wheeling Corporation, owner of two-time Railway Age ...

Q2 2025 Management View Kenneth J. Nicholson, CEO, announced a major acquisition: "Just 2 days ago, we announced a major acquisition that we expect to transform our freight rail segment. In addition, ...

Infrastructure investment and operations firm FTAI Infrastructure (NASDAQ:FIP) missed Wall Street’s revenue expectations in ...

Logistics infrastructure developer FTAI Infrastructure said on Wednesday it had agreed to buy The Wheeling Corporation for $1.05 billion to expand its freight rail platform.

Founded in 1871, the Wheeling and Lake Erie (W&LE) Railway was built to haul coal from southeastern Ohio mines to the Lake Erie ports of Huron and Toledo. After World War II, W&LE had several owners, ...

Wheeling & Lake Erie is at 100 First St. SE. “When I went to the scene, you could see the smoke billowing out of the building,” Mayor Hawk said. “No one has been hurt.” ...

USA: FTAI Infrastructure has agreed to purchase The Wheeling Corp, owner of the Wheeling & Lake Erie Railway Co, from an entity controlled by Larry Parsons for $1·05bn.

FTAI Infrastructure has agreed to buy the parent company of the Wheeling & Lake Erie Railway Company for $1.05 billion in cash. The energy infrastructure company said Wednesday that it would acquire ...