FTAI Infrastructure Inc. Gains Approval to Acquire Wheeling & Lake Erie Railway

Monday, Dec 1, 2025 6:35 am ET1min read

FTAI Infrastructure Inc. has received approval from the Surface Transportation Board to acquire the Wheeling & Lake Erie Railway Company. The transaction is expected to close on December 26, 2025, after which the Company will assume control of The Wheeling and combine operations with its existing Transtar freight rail business.

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