MarkWest Energy subsidiary completes purchase of the Youngstown & Southern Railroad

The Columbiana County Port Authority recently announced that the sale of the Youngstown & Southern Railroad’s assets to an affiliate of Denver-based MarkWest Energy Partners LP is complete, The Business Journal reports (See our Oct 3, 2013, blog post for more information). The MarkWest subsidiary, Mule Sidetracks, paid the port authority $3 million for all of the "ties, ballast, rails and rights of way of the 36.8-mile railroad," which runs from Youngstown to Darlington, Pennsylvania. It will continue rail service on the line "pursuant to an operating lease with the Youngstown & Southeastern Railroad," the article said.