Patriot Rail Company LLC, a US-based short line and regional freight railroad operator, has completed the acquisition of rail holding company Pioneer Lines, Inc. from BRX Transportation Holdings in Jacksonville, Florida, USA.
The purpose of the acquisition is to advance Patriot Rail's growth strategy by increasing the number of short lines in Jacksonville from 16 to 31 railroads. The incorporation of Pioneer Lines rail into Patriot Rail also opens up new opportunities for innovative and sustainable freight solutions and benefits Patriot Rail's rail shippers and their long-term investors.
Pioneer Lines is a railroad holding company headquartered in Denver, Colorado, USA. It owns and operates 15 short-line railroads across 12 states linking over 100 industries to the domestic and global markets.
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