MIDRAIL

MidRail is a freight rail operating company focused on originating, acquiring, consolidating, and developing integrated rail assets and operations across North America. MidRail intends to acquire and operate private industrial rail operations and outsourcing opportunities, short lines, Class I spin-offs, independent rail facilities and operators, and select rail technology businesses. We are seeking to deploy $1 billion ($350 million in equity capital) over the next two to three years in freight rail businesses. As an operating company, we have the permanent capital to make things happen in the smaller, undercapitalized, and underfollowed segments of freight rail operating businesses. We seek out management and rail activities that have been overlooked by others. The company was founded by Gilbert H. Lamphere along with a team of railroad operating executives with over 200 years of combined rail experience.

Also known as: MidRail LLC

Primary location: New York United States