Railmark Named Operator / Developer of Tishomingo County Mississippi Rail Line
07 Mayo 2024 - 2:44AM
Business Wire
Railmark Industrial Railway Inc., a wholly-owned subsidiary of
Railmark Holdings, Incorporated (www.railmark.com), has been named
new operator and developer for the 11-mile industrial rail line in
Tishomingo County, Mississippi that interchanges with the Norfolk
Southern Railroad and the Tenn-Tom Waterway via barge port.
Railmark’s landmark strategy involves integrating road, barge, and
rail transportation to develop a critical corridor with access to
international shipping routes. Railmark will also establish its
eighth Rail Service Center there, offering its best-in-class rail
services in logistics, mechanical and track maintenance services,
as well as providing local training and employment
opportunities.
The rail line, originally constructed in 1982 for NASA, is
located within a substantial industrial park, and with restoration
and upgrades by Railmark, is expected to play a pivotal role in
local and regional economic development. As part of this new
partnership, Railmark will also collaborate with Tishomingo County
to further develop rail-industrial opportunities and implement
long-term economic development strategies.
“This is a landmark moment for Tishomingo County as we engage
with Railmark to elevate our industrial infrastructure to global
standards,” said Michael Busby, Chairman of Tishomingo County’s
Board of Supervisors. “The integration of road, barge, and rail
operations to our 3,700+ acre industrial park will not only enhance
our area’s logistical capabilities but also open up new avenues for
economic growth and international trade.”
Railmark Holdings Incorporated, known for its integrative
approach to rail development, is committed to the success of this
crucial project. “We are driven primarily by community and economic
development centered around rail and consider this opportunity a
privilege. We commend the county leadership for its outlook on rail
as a keystone for building stronger communities and have pledged to
support the county’s endeavors,” stated B. Allen Brown II, CEO of
Railmark.
Through its 26 years, Railmark has remained committed to its
business model of providing quality rail services in track
construction & maintenance, railcar mechanical services,
industrial rail switching, and transloading. Railmark serves its
customers from its eight “Rail Service Centers” and multiple
locations of embedded mobile repair teams across the U.S. Railmark
owns and operates the Yreka Western Railroad (YW) and Railmark
Industrial Railway (RIR). Today the Company is focused on
continuing to build a top-flight management team which will lead
Railmark through its next 25 years of delivering “A New Train of
Thought…®”.
ABOUT RAILMARK: Founded in 1998,
RAILMARK® provides unique, cost-effective, integrated and
environmentally safe rail services, products, and solutions to the
North American and international railroad industry, rail
transportation users, transit agencies, and governments, that
reflects "A NEW TRAIN OF THOUGHT...®". Railmark’s principal
operating subsidiaries are RAILMARK TRACK WORKS INC., RAILMARK RAIL
SERVICES INC., RAILMARK INDUSTRIAL RAILWAY INC., YREKA WESTERN
RAILROAD COMPANY, and TRAIN TRAVEL, INC. Railmark offers the
industry’s only EPA-approved and USDA-designated biobased rail
lubricants under its ECORail® products line.
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version on businesswire.com: https://www.businesswire.com/news/home/20240507881723/en/
Jonathan Pesce, Director of Corporate Development
jpesce@railmark.com; (270) 832-9888 (Direct); (270)
477-7000 (Office)