G&AR to Expand Short Line Railroad Portfolio (Updated)
Written by Marybeth Luczak, Executive Editor
(Pinsly Railroad Company Photograph)
Gulf & Atlantic Railways LLC (G&AR) on Aug. 29 reported entering a definitive agreement to acquire Pinsly Railroad Company’s (Pinsly) Massachusetts short line and warehousing business. The Surface Transportation Board (STB) on Sept. 7 issued a decision on the transaction.
![“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)