Livonia, Avon & Lakeville Railroad Corp. Completes Control Acquisition of Ontario Midland Railroad
Retrieved on:
Monday, September 19, 2022
Other Transport, Rail, Other Retail, Transport, Specialty, Transportation, Logistics, Supply Chain Management, Supply Chain Management, Retail, Travel, Transport, Workforce, Safety, OMID, B&H Rail Corporation, Surface Transportation Board, Acquisition, WNYP, Growth, Rail transport by country, Ontario Midland Railroad, CSX Transportation, LA, Rail transport, Marketing, Western New York and Pennsylvania Railroad, LAL, Rail freight transport, Mott's
Livonia, Avon & Lakeville Railroad Corporation (LA&L) attained control of the Ontario Midland Railroad Corp. (OMID), which operates more than 50 miles of track in the two counties, with the acquisition of 55% of the companys stock on September 16, 2022.
Key Points:
- Livonia, Avon & Lakeville Railroad Corporation (LA&L) attained control of the Ontario Midland Railroad Corp. (OMID), which operates more than 50 miles of track in the two counties, with the acquisition of 55% of the companys stock on September 16, 2022.
- The acquisition, the terms of which were not disclosed, expands LA&Ls ownership or control to four short line railroads.
- The Ontario Midland Railroad is headquartered in Sodus, N.Y., interchanges with CSX Transportation at Newark, N.Y. and serves customers handling commodities in the foodservice, chemicals and lumber businesses.
- The Livonia, Avon & Lakeville Railroad (LAL) operates in Livingston and Monroe Counties, south of Rochester, while B&H Rail Corp. (BH) serves Steuben County, northwest of Corning, NY.