A managed affiliate of OmniTRAX, Inc., one of the largest privately held transportation services companies in North America, and an affiliate of The Broe Group, is purchasing the Heart of Texas Railroad (HTR) from private local investors. The transaction is subject to the approval of the Surface Transportation Board.
The rail line, which is being renamed Central Texas & Colorado River Railway, LLC, operates 68 miles of track running due west from Lometa, TX, where it interchanges with BNSF, to Brady, TX. Potential new customers include an aggregate quarry, a cement factory and frac sand producers.
“The Central Texas & Colorado River Railway is a great opportunity for OmniTRAX with at least three good long-term mineral prospects on the line,” said Kevin Shuba, CEO of OmniTRAX.
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