Lake Terminal

Company History: The LT opened in 1895 to serve the Johnson Company (later part of U.S. Steel) iron mill in Lorain and South Lorain, Ohio. As of 1990, LT required a fleet of 16 switchers to work the line’s 22 miles of trackage in and around the mill. At last check, the fleet was down to 10 units – all EMD switchers. Customers include Republic Engineered Products and Lorain Tubular. The company is owned by U.S. Steel subsidiary Transtar but all of the Transtar owned shortlines were put up for sale in the spring of 2020.

Successor/Parent History: United States Steel Corporation (NYSE: X), more commonly known as U.S. Steel, is an American integrated steel producer headquartered in Pittsburgh, Pennsylvania, with production operations in the United States, Canada, and Central Europe. As of 2016, the company was the world's 24th largest steel producer and second largest domestic producer, trailing only Nucor Corporation.

Though renamed USX Corporation in 1986, the company returned to its present name in 2001 after spinning off its energy business, including Marathon Oil, and other assets from its core steel concern. The company experienced significant downsizing during the 1980s; a decline in market capitalization resulted in its removal from the S&P 500 Index in 2014.

From Wikipedia

Brief History: The U.S. is a country of 50 states covering a vast swath of North America, with Alaska in the northwest and Hawaii extending the nation’s presence into the Pacific Ocean. Major Atlantic Coast cities are New York, a global finance and culture center, and capital Washington, DC. Midwestern metropolis Chicago is known for influential architecture and on the west coast, Los Angeles' Hollywood is famed for filmmaking.