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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]
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 ...
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.
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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]
U.S. rail tracks are typically too old to handle the speed of new train technology. The limits of the rails can reduce the effectiveness of the train speeds, sometimes by more than 100 mph.
When RailAmerica was placed under new ownership in 2007, more locomotives were transferred to NECR, including GP40-2s and six-axle SD40-2s. Additional SD40-2 and SD45 style locomotives from other railroads joined NECR's fleet by 2012. NECR also obtained a SD40T-2 (colloquially known as a tunnel motor) of Southern Pacific Railroad vintage in ...
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