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OmniTRAX affiliate acquires Sand…

OmniTRAX affiliate acquires Sand Springs Railway Company

DENVER, Col.–Sand Springs Railway Company is being acquired by Sand Springs Holdings, LLC, a managed affiliate of OmniTRAX, Inc., one of the largest privately held rail service companies in North America. The Sand Springs Railway, which runs freight service between Sand Springs and Tulsa, OK on 32 miles of track, will commence operations no later than July 31, 2014. Terms were not disclosed, said a release.

The Sand Springs Railway has direct connections with Union Pacific, BNSF and South Kansas Oklahoma Railroad. Traffic handled includes steel, pulpboard, scrap iron, scrap paper, petroleum products, plastics and lumber. 

“We are excited to be in Oklahoma and involved with a market that shows such great potential for growth. The Sand Springs Railway has a great customer base and we are committed to providing the resources to quickly act on new opportunities there,” said Kevin Shuba, CEO of OmniTRAX.

As part of the deal, OmniTRAX Logistics Services, the company’s transloading unit, is leasing 100,000 sq. ft. of covered warehouse space with heavy lift equipment to serve steel and building products shippers throughout the greater Tulsa area and wider Oklahoma markets.

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