Weyerhaeuser sells company railroads - MSNewsNow.com - Jackson, MS

Weyerhaeuser sells company railroads

 

BOCA RATON, Fla. (AP) - Weyerhaeuser Co. has agreed to sell its short-line railroads to a Florida-based private company.

Terms of the deal with Boca Raton-based Patriot Rail Corp. have not been revealed. Patriot says it hopes to complete the purchase in the fourth quarter.

The sale includes two railroads in Mississippi totaling just over 34 miles, plus other short-haul lines in Oklahoma, Arkansas and Washington state.

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