Genesee & Wyoming Inc., Darien, Conn., acquired Pinsly Railroad Co.’s Arkansas division for approximately $40 million in cash, subject to adjustment for final working capital.

Pinsly Arkansas includes the Arkansas Midland Railroad (AKMD), which is comprised of seven non-contiguous branch lines, the Prescott & Northwestern Railroad (PNW), the Warren & Saline River Railroad (WSR) and two Arkansas transload operations of Pinsly’s Railroad Distribution Services subsidiary.

The railroads operate over 137 miles of owned and leased track serving the Hot Springs and Little Rock, Utah, areas, as well as the southwestern and southeastern portions of the state, and currently haul approximately 35,000 carloads per year.