OmniTRAX completes Winchester & Western acquisition

An OmniTRAX Inc. affiliate has completed its acquisition of the Winchester & Western Railroad (WW) from Covia Holdings Corp., the railroad and transportation management company announced today.

The acquisition expands the OmniTRAX-managed short-line portfolio into new key East Coast distribution locations, OmniTRAX officials said in a press release.

Financial terms were not disclosed. WW operates in Maryland, Virginia, West Virginia and New Jersey.

"Our initial outreach with the Winchester & Western team, existing customers and local partners reaffirms our belief in the opportunity this acquisition represents," said OmniTRAX Chief Executive Officer Kevin Shuba.

WW joins Cleveland & Cuyahoga Railway, Cleveland Port Railway, Alabama & Tennessee River Railway LLC and Fulton County Railway LLC on the list of recent OmniTRAX transactions. OmniTRAX officials announced in July that the company would acquire WW.