Ancala / Arkadia-Backed Phoenix Rail Acquires Lehigh Valley Rail Management

Infrastructure investor Ancala, together with Arkadia Capital, has launched short-line platform Phoenix Rail and completed its first acquisition of Lehigh Valley Rail Management (LVRM), which owns short line and terminal facilities at Bethlehem and Johnstown, Pennsylvania. The acquisition is intended to serve as a platform buildout/add-on to expand rail infrastructure, customer relationships and services across the US short-line rail market.