Re: Progressive Rail to be sold
Author: Truth Police
Date: 08-20-2018 - 05:46
News Bug Wrote:
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> Understand from a friend at main office,
> Progressive Rail will be sold to the group that
> just bought operating rights of the Granada
> Railroad for 200 million.
> One one hand, leasing the Oregon line does not
> make sense when a sale is pending. However,
> Progressive can show the new owner 11 railroads.
> Just enough for a company that wants to be the new
> mega shortline group...Are the new owners Patriot
> Rail? Hard to follow the logic, or does somebody
> just want as many trains as possible?
Interesting . . . The owners of Progressive Rail are not aware of this.