Short-line consolidator United Rail acquires New England Southern Railway in New Hampshire

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Short-line consolidator United Rail acquires New England Southern Railway in New Hampshire

March 22, 2019 - 07:00
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United Rail, Inc. , a short line railroad consolidator and owner of the SmartRail brand for electronic Precision Railroading and brand licensor, announced that it has acquired the New England Southern Railroad, a freight short line railroad, located in Concord, New Hampshire.

New England Southern (NES) is a short-line railroad operator and provides a variety of value-added rail transportation services including transloading, private industrial rail car switching and rail car storage.  NES leases and operates approximately 22 miles of rail lines in the Concord area.

“Our plan is to consolidate the smaller and sometimes overlooked short lines and consolidate them under the United Rail banner,” said Michael Barron, CEO of United Rail. He added, “We plan to aggressively grow our presence in other markets.  With the inclusion of the NES under the United Rail umbrella, we now have a presence in the Northeast, an area where we feel there are great growth opportunities.”

Danielle M. Mitchell, EVP Business Development for United Rail, stated, “We have been looking for some time to find a partner in this region with the same vision as we have for the consolidation of these small short lines. Now with this deal, we will have a leg up on contacting and closing these rail properties and afford the sellers a path to liquidity.”