An Illinois-based company has acquired two railroad lines in middle and south central Tennessee, citing the region’s access to major highway and waterway corridors as a main reason for its expansion, as well as the possibility of developing future land for the rail business and job creation in Tennessee.
Ironhorse Resources acquired the Sequatchie Valley Railroad and the Walking Horse and Eastern Railroad, renaming them the Sequatchie Valley Switching Company and the Walking Horse Railroad. Ironhorse is the parent company of 10 operating companies and administrative manager of all of the companies owned by CGX Inc.
Sequatchie Valley Railroad is an 11.5-mile short line railroad serving south central Tennessee from a connection with CSXT at Bridgeport, Alabama. It provides freight service for various commodities including gypsum, drywall, plastics and rail car storage, according to Ironhorse.
Walking Horse Railroad is a 7.76-mile short line railroad that connects Shelbyville to CSX Transportation at Wartrace, Tennessee.
Walking Horse provides freight service for various commodities, including soybean oil, molasses, plastics and rail car storage.