Patriot Rail Company LLC today announced it has entered into a definitive agreement to acquire Delta Southern Railroad, Inc. (DSRR), a short line railroad company operating two line segments in Louisiana. The financial terms of the transaction were not disclosed.
DSRR operates over 40 miles of track and serves two port facilities – Lake Providence Port and Madison Parish Port – located on the Mississippi River. DSRR interchanges with Kansas City Southern and Union Pacific Railroad. DSRR is well situated in a strong chemical and petrochemicals corridor, with a customer base comprising several large-scale chemical manufacturers as well as forest industry shippers. DSRR’s lines are located on the Kansas City Southern “Meridian Speedway” and Louisiana Highway 20.
The transaction follows Patriot Rail’s closure on September 14, 2022 of the acquisition of Pioneer Lines. Upon completion of the transaction with DSRR, Patriot Rail’s continuing growth emphasis will increase the company’s short line operations to 32 railroads and elevate Patriot’s support for rail customers across the U.S. DSRR will enhance Patriot’s Louisiana presence along with Patriot-owned Louisiana and North West Railroad (LNW), which is headquartered in Homer, Louisiana, and provides rail service from Gibsland, Louisiana, to McNeil, Arkansas.
-via Press Release