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Ohio Rail Line to Serve Oil & Gas Industry

Hannibal Real Estate of White Plains, NY, and Carload Express of Oakmont, PA, plan to revive a 12 mile rail line serving Hannibal Industrial Park in Monroe County, OH.  The partners hope the rail line, known as the Ohio Terminal Railway Co., will attract businesses that are participating in the Utica and Marcellus shale plays.  Trains are expected to haul sand, concrete and other materials used in shale development to and from the 122 acre industrial park.