G&AR to Acquire Northern Indiana Railroad Company
Written by Marybeth Luczak, Executive Editor
It will be business as usual for Gulf & Atlantic Railways (G&AR) subsidiary Chesapeake & Indiana Railroad (CKIN) when G&AR acquires Northern Indiana Railroad Company, whose track CKIN currently leases and operates over in Indiana.
Gulf & Atlantic Railways, LLC (G&AR) has received Surface Transportation Board (STB) approval to acquire ownership and direct control over Class III Northern Indiana Railroad Company (NIRC).
![“Thanks to Secretary Pete [Buttigieg], USDOT, the Federal Railroad Administration and all our partners for making the S-Line passenger rail a reality!!” NCDOT Secretary Joey Hopkins said in a July 1 LinkedIn post. “Thanks to the hard work of our NCDOT team we broke ground on the first construction project in the Raleigh to Wake Forest segment, a $19M project to grade separate Durant Road 7 months after the grant announcement!!” (Photograph Courtesy of Joey Hopkins)](https://www.railwayage.com/wp-content/uploads/2024/07/slinelead-315x168.png)