Patriot Adds Grimes To Management Team

                    Patriot Adds Grimes To Management Team

PR Newswire

BOCA RATON, Fla., Nov. 13, 2012

BOCA RATON, Fla., Nov. 13, 2012 /PRNewswire/ -- Patriot Rail Corp.
("Patriot"), a leading operator of short line and regional freight railroads,
today announced the addition of George Avery Grimes, PE, PhD, ("Avery") to its
management team as Executive Vice President & Chief Strategy Officer. Grimes
will be responsible for revenue growth through initiation and evaluation of
strategic acquisitions, infrastructure investments, and margin expansion
opportunities. He will also be Patriot's liaison with Class I freight
railroad strategic projects.

Grimes brings over 36-years experience in the rail transportation industry.
His expertise includes organizational restructuring, investment analysis,
strategic planning, transportation operations, railroad engineering, railroad
economics, railroad finance, and business development.

Grimes has served in a number of senior level positions at Class I freight
railroads Missouri Pacific, Union Pacific, and Kansas City Southern. He also
served as SVP-Strategic Planning with short line holding company OmniTrax.

Most recently, Grimes served as Deputy CEO at Metrolink (Southern California
Regional Rail Authority) and at Metra (Northeast Illinois Regional Commuter
Railroad Corporation). In both positions he helped revive and transform the
agency through organizational evaluation and restructuring, strategic planning
around critical issues, negotiations with freight railroads, project
management improvements, Senior Leadership Team development and CEO
communications.

Grimes achieved his Doctorate Degree at the University of Illinois in railroad
engineering, economics, and finance. His research efforts at Illinois
developed innovative economic theories linking freight rail investment and
profit maximization that serves as the standard today. He is a Visiting
Professor at the University of Illinois' Railroad Transportation and
Engineering Center and is a licensed Professional Engineer in Missouri and
Washington. He also holds a Master's in Civil Engineering (University of
Nebraska) and a Bachelor's in Civil Engineering (University of Illinois).

Patriot Rail President & CEO John Fenton, commenting on the addition of
Grimes, said, "Avery has an extraordinary track record of success as a senior
transportation executive. He is broadly recognized as one of the top
authorities on rail economics and investment/profit maximization. Highly
sought after in policy circles, Avery has testified before the Surface
Transportation Board on railroad economic theory. He also serves as Chairman
of the prestigious Transportation Research Board's (TRB) Committee on Freight
Rail Transportation. He brings a unique rail leadership perspective to
Patriot."

Patriot Rail Corp. is a leading short line and regional freight railroad
holding company based in Boca Raton, Florida. Patriot Rail currently owns and
operates 13 short line freight railroads comprising approximately 500 total
rail miles in 13 states. For more information on Patriot Rail Corp., please
visit us at www.patriotrail.com

SOURCE Patriot Rail Corp.

Website: http://www.patriotrail.com
Contact: Nichole Marini, +1-904-303-7316
 
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