in July 2013 we acquired Transportation Management Services, “TMS,” a company with a suite of transportation services focused on exceptional customer service, safe rail operations, tailored transportation solutions, professional and reliable service, and strong partnerships with the communities we serve. TMS offers a wide variety of consulting services for operational areas of a short line railroad, including railroad operations, railroad real estate and maintenance of way.
TMS owns 10% of Continental Rail LLC. Continental Rail LLC is currently managing Delta Southern Railroad and are in the Due Diligence phase with several other railroads. These acquisitions are financed by an American private equity firm based in San Francisco, which has over 15 billion dollars under management. These acquisitions will be managed by Continental Rail LLC.