RailAmerica, Inc.

Former type	Private
Industry	Rail transport
Founded	1986
Defunct	2013
Headquarters	Jacksonville, Florida, United States
Services	Short line and regional railroads
Revenue	US$410.6 million (2009)[1]
Owner	Genesee & Wyoming Inc.
Website	www.railamerica.com

From Wikipedia, the free encyclopedia

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 theticker symbol RRA.^[2] It was relisted in October 2009 with the ticker symbol RA.

On June 30, 2010, the company announced that it had acquired Atlas Railroad Construction, a construction and maintenance company operating in the Northeast and Midwest United States, for US$24 million.^[3]

In April 2011, RailAmerica made its first shortline purchase in over five years by initiating a deal with Gulf and Ohio Railways to acquire three Alabama shortlines for $12.7 million.^[4]

On July 23, 2012, Genesee & Wyoming Inc. announced that it intended to purchase RailAmerica in a deal valued at $1.39 billion.^[5][6]Approval of the purchase was granted by the U.S. Surface Transportation Board on December 19, 2012.^[7] While awaiting the decision, Genesee & Wyoming put RailAmerica control in the hands of a trust.^[8] They assumed control on December 28, 2012 and the company was integrated in 2013.^[9][10]

Present and former subsidiaries[edit]

RailAmerica controls the following railroads. It has acquired some through purchase of other holding companies: RailLink Canada in July 1999, RailTex in February 2000, ParkSierra and StatesRail in January 2002, and the rail properties of Alcoa in September 2005.

In addition to those listed below, RailAmerica's prior owner, Fortress Investment Group, purchased the Florida East Coast Railway (FEC) in September 2007 from Florida East Coast Industries. Although Fortress maintained a level of common control between the two railroads, FEC was never made a formal part of the RailAmerica family, and Fortress did not include FEC in the RailAmerica spinoff.

Company	Acquired from	Date[11]	Notes
Alabama and Gulf Coast Railway	StatesRail[12]	January 2002
Arizona and California Railroad	ParkSierra[13]	January 2002
Bauxite and Northern Railway	Alcoa[14]	September 2005
California Northern Railroad	ParkSierra[13]	January 2002
Cape Breton and Central Nova Scotia Railway	RailTex[15]	February 2000
Carolina Piedmont Railroad	RailTex[16]	February 2000
Cascade and Columbia River Railroad	direct[17]	September 1996
Central Michigan Railway	direct	January 2004	Leased by Huron and Eastern Railway
Central Oregon and Pacific Railroad	RailTex[16]	February 2000
Central Railroad of Indiana	RailTex[16]	February 2000
Central Railroad of Indianapolis	RailTex[16]	February 2000	Also operates Winamac Southern Railway as agent
Chesapeake and Albemarle Railroad	RailTex[16]	February 2000
Chicago, Fort Wayne and Eastern Railroad	direct[18]	July 2004
Connecticut Southern Railroad	RailTex[16]	February 2000
Dallas, Garland and Northeastern Railroad	RailTex[16]	February 2000
Eastern Alabama Railway	StatesRail[19]	January 2002
Goderich-Exeter Railway	RailTex[15]	February 2000
Grand Rapids Eastern Railroad	RailTex[16]	February 2000
Huron and Eastern Railway	direct	March 1992
Indiana and Ohio Railway	RailTex[16]	February 2000
Indiana Southern Railroad	RailTex[16]	February 2000
Kiamichi Railroad	direct[20]	January 2002
Kyle Railroad	StatesRail[19]	January 2002
Lahaina, Kaanapali and Pacific Railroad	StatesRail[11]	January 2002
Marquette Rail	direct[21]	February 2012
Massena Terminal Railroad	Alcoa[14]	September 2005
Michigan Shore Railroad	RailTex[16]	February 2000
Mid-Michigan Railroad	RailTex[16]	February 2000
Missouri and Northern Arkansas Railroad	RailTex[16]	February 2000
New England Central Railroad	RailTex[16]	February 2000
North Carolina and Virginia Railroad	RailTex[16]	February 2000
Ottawa Valley Railway	RaiLink[11]	July 1999
Otter Tail Valley Railroad	direct[22]	October 1996
Point Comfort and Northern Railway	Alcoa[14]	September 2005
Puget Sound and Pacific Railroad	ParkSierra[13]	January 2002
Rockdale, Sandow and Southern Railroad	Alcoa[14]	September 2005
San Diego and Imperial Valley Railroad	RailTex[16]	February 2000
San Joaquin Valley Railroad	StatesRail[19]	January 2002
South Carolina Central Railroad	RailTex[16]	February 2000
Southern Ontario Railway	RaiLink[11]	July 1999
Texas Northeastern Railroad	RailTex[16]	February 2000
Toledo, Peoria and Western Railway	direct[23]	September 1999
Ventura County Railroad	direct[24]	August 1998
Virginia Southern Railroad	RailTex[16]	February 2000
A&R Line, Inc.	TP&W	September 1999	Leased by TP&W since 1997; owned by Cargill; service ended in September 2002[25]
Arizona Eastern Railway	StatesRail[19]	January 2002	Sold December 2004 to Permian Basin Railways[11][26][27]
Central Western Railway	RaiLink[11]	July 1999	Sold January 2006[11]
Dakota Rail, Inc.	direct	September 1995	Sold December 2001 to Hennepin County Regional Railroad Authority[11][28]
Delaware Valley Railway	direct	July 1994	Lease transferred March 1999 to Brandywine Valley Railroad[29]
E&N Railway	direct	January 1999	Sold June 2006 to Southern Railway of British Columbia
Evansville Terminal Company	direct[30]	June 1996	Sold September 1997 to John H. Marino[11][31]
Ferronor	direct	February 1997	Leased Potrerillos Railway in January 2002;[32] sold February 2004[11]
Freight Australia	direct	April 1999	Sold August 2004 to Pacific National[11]
Georgia Southwestern Railroad	RailTex[16]	February 2000	Sold March 2002 to local interests[11][33]
Gettysburg Railway	direct[34]	November 1996	Sold October 1997 to John H. Marino; included Gettysburg Scenic Rail Tours[11][31]
Indiana and Ohio Central Railroad	RailTex[16]	February 2000	Merged May 2005 into Indiana and Ohio Railway[35]
J.K. Line, Inc.	TP&W	September 1999	Leased by TP&W since 1998; owned by Cargill; service ended in April 2002[36][37]
Lakeland and Waterways Railway	RaiLink[11]	July 1999	Sold January 2006[11]
Mackenzie Northern Railway	RaiLink[11]	July 1999	Sold January 2006[11]
Minnesota Northern Railroad	direct[38]	December 1996	Sold August 2000 to KBN, Inc.[11][39]
Ontario L'Orignal Railway	RailTex[15]	February 2000	Sold December 2000[11]
Pittsburgh Industrial Railroad	RailTex[16]	February 2000	Sold December 2000 to Summit View, Inc.[11][40]
Plainview Terminal Company	direct	November 1995
St. Croix Valley Railroad	direct[41]	September 1997	Sold August 2000 to KBN, Inc.[11][39]
Saginaw Valley Railway	direct	March 1992	Merged September 2004 into Huron and Eastern Railway[42]
San Luis and Rio Grande Railroad	direct[43]	June 2003	Sold December 2005 to Permian Basin Railways[11][26][44]
San Pedro and Southwestern Railway	StatesRail[19]	January 2002	Sold October 2003 to Arizona Railroad Group[11][45]
South Central Tennessee Railroad	direct	February 1994	Sold December 2000 to Henry G. Hohorst et al.[11][46]
Texas-New Mexico Railroad	RailTex[16]	February 2000	Sold May 2002 to Permian Basin Railways[11][26][47]
West Texas and Lubbock Railroad	direct	November 1995	Leased May 2002 to Permian Basin Railways subsidiary West Texas and Lubbock Railway; sold December 2004 to Permian Basin Railways[11][26][47][48]