Marquette Rail
None
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MQT #3001, an
EMD SD40-2
, in
Alpine Township, Michigan
.
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Overview | |
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Headquarters | Ludington, Michigan |
Reporting mark | MQT |
Locale | Michigan |
Dates of operation | 2005 – |
Technical | |
Track gauge | 4 ft 8 + 1 ⁄ 2 in ( 1,435 mm ) standard gauge |
Length | 126 mi (203 km) |
Other | |
Website | https://www.gwrr.com/mqt/ |
Marquette Rail is a short line railroad operating in Michigan. It is based in Ludington and operates 126 miles (203 km) of trackage north from Grand Rapids, Michigan , where connections with CSX and Norfolk Southern are located. [1] 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. [2]
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 40 mph (64 km/h) standards, and operates, as of 2008, seven EMD GP38-2 and EMD SD40-2 locomotives. [1]
On 8 February 2012, RailAmerica , a national short-line operator, announced that it planned to purchase Marquette Rail for $40 million. [2] RailAmerica and Marquette Rail were subsequently purchased by Genesee & Wyoming . [3] Prior to its acquisition, Marquette Rail was an employee-owned company. [1]
References
- 1 2 3 "Railroads Gain Work" . Grand Rapids Business Journal. 26 May 2008 . Retrieved 16 February 2012 .
- 1 2 "RailAmerica acquires Marquette Rail" . Rail-USA. 8 February 2012. Archived from the original on 24 December 2015 . Retrieved 2023-01-03 .
- ↑ "Genesee & Wyoming Inc. Enters Into Agreement to Acquire RailAmerica, Inc" . 2012-07-23 . Retrieved 2023-01-03 .