Marquette Rail Explained

Railroad Name:Marquette Rail
Logo Filename:Marquette Rail logo.png
Marks:MQT
Locale:Michigan
Start Year:2005
Length:126miles
Hq City:Ludington, Michigan
Website:https://www.gwrr.com/mqt/

Marquette Rail is a short line railroad operating in Michigan. It is based in Ludington and operates 126miles of trackage north from Grand Rapids, Michigan, where connections with CSX and Norfolk Southern are located. It serves chemical, paper products and various general freight customers. In 2012, the railroad expected an annual profit of about $4 million on income of $13 million.

The company was founded in November 2005 by Kevin Ruble, a nationally active railroad consultant, who purchased a CSX line running north from Grand Rapids to Ludington and Manistee. The railroad maintains its trackage to 40mph standards, and operates, as of 2008, seven EMD GP38-2 and EMD SD40-2 locomotives.

On 8 February 2012, RailAmerica, a national short-line operator, announced that it planned to purchase Marquette Rail for $40 million.[1] RailAmerica and Marquette Rail were subsequently purchased by Genesee & Wyoming.[2] Prior to its acquisition, Marquette Rail was an employee-owned company.[3]

External links

Notes and References

  1. Web site: RailAmerica acquires Marquette Rail . Rail-USA . 2023-01-03 . https://web.archive.org/web/20151224004436/http://www.rail-usa.com/2012/02/08/railamerica-acquires-marquette-rail/ . 24 December 2015 . 8 February 2012 . dead .
  2. Web site: Genesee & Wyoming Inc. Enters Into Agreement to Acquire RailAmerica, Inc. . 2012-07-23 . 2023-01-03 .
  3. Web site: Railroads Gain Work. Grand Rapids Business Journal. 16 February 2012. 26 May 2008.