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RailAmerica, Inc., based in Jacksonville, Florida, was a holding company of a number of short-line railroads and regional railroads in the United States and Canada. In 2007, RailAmerica was acquired by Fortress Investment Group. Before that, it traded on the New York Stock Exchange with the ticker symbol RRA. [2]
The RailAmerica subsidiary was named E&N Railway Co (1998) Ltd. ( reporting mark ENR ), thus maintaining the historic name associations for the Vancouver Island line. Currently, the right of way and rail line is owned by the Island Corridor Foundation and operated under contract by Southern Railway of British Columbia, a part of the Washington ...
Companies owned by RailAmerica as of the Genesee & Wyoming Inc. acquisition in December 2012 have been owned by G&W. Pages in category "RailAmerica" The following 59 pages are in this category, out of 59 total.
On July 23, 2012, Genesee & Wyoming Inc. announced that it intended to purchase RailAmerica in a deal valued at $1.39 billion. [4] [5] Approval of the purchase was granted by the U.S. Surface Transportation Board on December 19, 2012, [6] and ownership of the Chicago, Ft. Wayne & Eastern was transferred to the G&W.
It is owned and operated by Genesee & Wyoming, who acquired the railroad in the 2012 purchase of RailAmerica. [1] As of 2023, IORY holds a total of 543 miles, 10 in Indiana, 21 in Michigan, and 512 in Ohio. The capacity is Blue Ash, Lebanon and Mason lines- 263k; 286k elsewhere. [2]
On July 23, 2012, Genesee & Wyoming Inc. announced that it intended to purchase RailAmerica in a deal valued at $1.39 billion. [4] [5] Approval of the purchase was granted by the U.S. Surface Transportation Board on December 19, 2012. [6] On September 18, 2018, operation of most of the Hagersville sub returned to CN. [7]
Operations map of the Puget Sound & Pacific Railroad during RailAmerica ownership.. The Puget Sound and Pacific Railroad (reporting mark PSAP) is a Class III shortline railroad that operates 158 miles of track serving the Kitsap Peninsula, Grays Harbor County and Centralia, Washington in the U.S. State of Washington, and is headquartered in Centralia, where the railroad interchanges with the ...
On January 19, 2006, CN announced the purchase from RailAmerica Inc. of the Mackenzie Northern Railway, the Lakeland & Waterways Railway, and the Central Western Railway (jointly known as RLGN/CWRL). CN came full circle by paying $26 million for the three northern Alberta rail lines it had sold nine years previously. [12]