Lake State Railway Company
Freight transportation services for commodities like grain, fertilizer, coal, and chemicals with a focus on safety and infrastructure improvement.
| Date | Investors | Amount | Round |
|---|---|---|---|
| investor | €0.0 | round | |
* | $5.0m | Grant | |
| Total Funding | 000k | ||
Lake State Railway Company (LSRC) is a premier short line railroad that specializes in freight transportation services. Founded in 1992 by the late Jim George, LSRC has grown from nearly abandoned rail lines to a consistently profitable enterprise. The company transports a variety of commodities including grain, fertilizer, coal, chemicals, aggregates, cement, steel, and scrap metal. LSRC operates primarily in the Midwest region, serving industrial clients who require reliable and efficient freight services.
The business model of LSRC revolves around providing exceptional freight transportation services while maintaining and improving its rail infrastructure. Revenue is generated through freight charges based on the type and volume of commodities transported. The company places a high priority on safety and proactive maintenance of its rail lines, ensuring minimal disruptions and high service quality.
LSRC's commitment to excellence is reflected in its dedicated workforce, which is recruited and retained based on alignment with the company's values and goals. The family-oriented culture at LSRC fosters a rewarding career environment for its employees.
Keywords: freight transportation, short line railroad, Midwest, commodities, infrastructure, safety, industrial clients, profitable, dedicated workforce, family-oriented.