VTG Rail acquires Redwood Rail fleet
VTG Rail Inc., the U.S. subsidiary of VTG AG, has acquired the fleet of U.S. railcar leasing company Redwood Rail LLC. The transaction, which adds 1,135 railcars to VTG’s fleet, enlarging it to about 5,200 units, includes the leases associated with those cars as well Redwood Rail’s existing customer relationships.