Colorado Pacific Rio Grande Railroad (CP Rio Grande) filed a verified notice of exemption to acquire and operate the approximately 149-mile San Luis & Rio Grande Railroad (SLRG) in Colorado, according to the Surface Transportation Board (STB), which on Jan. 5 reported the transaction could be consummated on or after Jan. 19, 2023.
San Luis & Rio Grande Railroad Inc.
OmniTRAX is slated to boost its rail network to more than 2,000 miles across North America with the acquisition of San Luis and Rio Grande Railroad (SLRG), a 155-mile Colorado short line.
OmniTRAX, the short line railroad holding company that owns and operates more than 20 Class III railroads in the U.S., has signed a letter of intent to purchase the bankrupt San Luis
The 155-mile San Luis & Rio Grande Railroad Inc. (SLRG) will be sold at auction, if the U.S. Bankruptcy Court for the District of Colorado approves.