Wheeling & Lake Erie Railway Co. of Brewster is being sold for $1.05 billion. New York-based FTAI Infrastructure is the purchaser of the railway. The sale is to be finalized by the end of September. A ...
A Wheeling & Lake Erie Railway Company train derailed in the village of Spencer in Medina County on Tuesday, May 16, 2023. A Wheeling & Lake Erie Railway Company train derailed late Tuesday night in ...
FTAI Infrastructure has agreed to buy the parent company of the Wheeling & Lake Erie Railway Company for $1.05 billion in cash. The energy infrastructure company said Wednesday that it would acquire ...
A major logistics infrastructure developer is in line to acquire The Wheeling Corporation — owner of Brewster-based Wheeling & Lake Erie Railway Co. — in an effort to expand its freight-rail operation ...