Marquette Rail is a short line railroad operating in Michigan. It is based in Ludington and operates 126 miles (203 km) of trackage north from Grand Rapids, Michigan, where connections with CSX and Norfolk Southern are located.[1] It serves chemical, paper products and various general freight customers. In 2012, the railroad expected an annual profit of about $4 million on income of $13 million.[2]
The company was founded in November 2005 by Kevin Ruble, a nationally active railroad consultant, who purchased a CSX line running north from Grand Rapids to Ludington and Manistee. The railroad maintains its trackage to 40 mph (64 km/h) standards, and operates, as of 2008, seven EMD GP38-2 and EMD SD40-2 locomotives.[1]
On 8 February 2012, RailAmerica, a national short-line operator, announced that it planned to purchase Marquette Rail for $40 million.[2] RailAmerica and Marquette Rail were subsequently purchased by Genesee & Wyoming.[3] Prior to its acquisition, Marquette Rail was an employee-owned company.[1]
Referencesedit
^ abc"Railroads Gain Work". Grand Rapids Business Journal. 26 May 2008. Retrieved 16 February 2012.
^ ab. Rail-USA. 8 February 2012. Archived from the original on 24 December 2015. Retrieved 2023-01-03.
^"Genesee & Wyoming Inc. Enters Into Agreement to Acquire RailAmerica, Inc". 2012-07-23. Retrieved 2023-01-03.
Marquette Rail official webpage - Genesee and Wyoming website
January 01, 1970
marquette, rail, short, line, railroad, operating, michigan, based, ludington, operates, miles, trackage, north, from, grand, rapids, michigan, where, connections, with, norfolk, southern, located, serves, chemical, paper, products, various, general, freight, . Marquette Rail is a short line railroad operating in Michigan It is based in Ludington and operates 126 miles 203 km of trackage north from Grand Rapids Michigan where connections with CSX and Norfolk Southern are located 1 It serves chemical paper products and various general freight customers In 2012 the railroad expected an annual profit of about 4 million on income of 13 million 2 Marquette RailMQT 3001 an EMD SD40 2 in Alpine Township Michigan OverviewHeadquartersLudington MichiganReporting markMQTLocaleMichiganDates of operation2005 TechnicalTrack gauge4 ft 8 1 2 in 1 435 mm standard gaugeLength126 mi 203 km OtherWebsitehttps www gwrr com mqt The company was founded in November 2005 by Kevin Ruble a nationally active railroad consultant who purchased a CSX line running north from Grand Rapids to Ludington and Manistee The railroad maintains its trackage to 40 mph 64 km h standards and operates as of 2008 seven EMD GP38 2 and EMD SD40 2 locomotives 1 On 8 February 2012 RailAmerica a national short line operator announced that it planned to purchase Marquette Rail for 40 million 2 RailAmerica and Marquette Rail were subsequently purchased by Genesee amp Wyoming 3 Prior to its acquisition Marquette Rail was an employee owned company 1 References edit a b c Railroads Gain Work Grand Rapids Business Journal 26 May 2008 Retrieved 16 February 2012 a b RailAmerica acquires Marquette Rail Rail USA 8 February 2012 Archived from the original on 24 December 2015 Retrieved 2023 01 03 Genesee amp Wyoming Inc Enters Into Agreement to Acquire RailAmerica Inc 2012 07 23 Retrieved 2023 01 03 External links edit nbsp Railways portal Marquette Rail official webpage Genesee and Wyoming website Retrieved from https en wikipedia org w index php title Marquette Rail amp oldid 1161141278, wikipedia, wiki, book, books, library,
