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Gulf & Atlantic Railways is new name for RailUSA, Headquarters moved to Jacksonville

FOR IMMEDIATE RELEASE

JACKSONVILLE, Fla. — With a new name and logo, the holding company Gulf &
Atlantic Railways LLC (www.garailways.com), formerly known as RailUSA, has relocated to
a new corporate office in Jacksonville, Fla., where it will continue to oversee its two key
properties, the Florida, Gulf & Atlantic Railroad (FGA) and Grenada Railroad (GRYR).
Gulf & Atlantic President and CEO Ryan Ratledge says, “We are taking a long-term
approach that is heavily focused on investing in our team’s safety and well-being, as well as
the integrity of our facilities. While the RailUSA name and brand date back only a few years,
we want a name and logo that is unique to us and our new phase of growth.”
The move will not change operations at either FGA or GRYR, Ratledge says.
Gulf & Atlantic’s new corporate office is located on the St. John’s River near
downtown Jacksonville at 245 Riverside Ave., Suite 250.

Florida, Gulf & Atlantic Railroad

Florida, Gulf & Atlantic operates on 430 route miles of track running east-west along
the Interstate 10 corridor between Baldwin and Pensacola, Fla., with a branch line that
extends from Tallahassee, Fla., to Attapulgus, Ga. FGA interchanges with CSX
Transportation at Baldwin and Pensacola, as well as with AN Railway at Chattahoochee, Fla.,
and Bay Line Railroad at Cottondale, Fla

Grenada Railroad

The Grenada Railroad operates on 280 miles of track in central Mississippi, running
north-south along the Interstate 55 corridor between Canton, Miss., and Memphis. Its
strategic location allows interchange with six Class I carriers: CN (Canadian National), BNSF
Railway, CSX, Kansas City Southern, Norfolk Southern, and Union Pacific.