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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]
In November 1996, the Gettysburg Railway company was created to operate the Gettysburg Railroad, which had been purchased by RailAmerica's Delaware Valley Railroad Company for $1,075,000. [ 1 ] [ 2 ] [ 3 ] The GBRY operated their own freight and tourist trains using their own equipment, including two Ex- Milwaukee Road F7’s from Dakota Rail .
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]
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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.
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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 ...
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