Hurricane hammers Florida short line.

Denver-based OMNITRAX agreed to purchase the assets of the 155-mile SAN LUIS & RIO GRANDE RAILROAD, a former IOWA PACIFIC HOLDINGS property that has been in bankruptcy for three years. The 105-mile SEMINOLE GULF RAILWAY in southwest Florida sustained an estimated $28 million in damage as a result of Hurricane Ian, including washouts to six major bridges. [Extracted from the article]