RailAmerica
Railroad holding company
title: "RailAmerica" type: doc version: 1 created: 2026-02-28 author: "Wikipedia contributors" status: active scope: public tags: ["railamerica", "companies-formerly-listed-on-the-new-york-stock-exchange", "companies-based-in-jacksonville,-florida", "united-states-railroad-holding-companies", "canadian-railroad-holding-companies", "genesee-&-wyoming", "2007-mergers-and-acquisitions", "2009-initial-public-offerings", "2012-mergers-and-acquisitions"] description: "Railroad holding company" topic_path: "geography/united-states" source: "https://en.wikipedia.org/wiki/RailAmerica" license: "CC BY-SA 4.0" wikipedia_page_id: 0 wikipedia_revision_id: 0
::summary Railroad holding company ::
::data[format=table title="Infobox company"]
| Field | Value |
|---|---|
| name | RailAmerica, Inc. |
| logo | [[File:RailAmerica logo.svg |
| image | File:Gettysburg Railway F7 81A, August 24, 1997.jpg |
| image_caption | A tourist train operating for the Gettysburg Railway, a former RailAmerica subsidiary |
| type | Private |
| foundation | 1986 |
| fate | Acquired by Genesee & Wyoming in 2012 |
| successor | Genesee & Wyoming Inc. |
| location_city | Jacksonville, Florida |
| location_country | United States |
| industry | Rail transport |
| services | Short line and regional railroads |
| revenue | US$410.6 million (2009) |
| :: |
| name = RailAmerica, Inc. | logo = [[File:RailAmerica logo.svg|200px|RailAmerica logo]] | image = File:Gettysburg Railway F7 81A, August 24, 1997.jpg | image_caption = A tourist train operating for the Gettysburg Railway, a former RailAmerica subsidiary | type = Private | traded_as = | foundation = 1986 | defunct = | fate = Acquired by Genesee & Wyoming in 2012 | successor = Genesee & Wyoming Inc. | location_city = Jacksonville, Florida | location_country = United States | industry = Rail transport | services = Short line and regional railroads | revenue = US$410.6 million (2009) 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. 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.
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.
On July 23, 2012, Genesee & Wyoming Inc. announced that it intended to purchase RailAmerica in a deal valued at $1.39 billion. Approval of the purchase was granted by the U.S. Surface Transportation Board on December 19, 2012. While awaiting the decision, Genesee & Wyoming put RailAmerica control in the hands of a trust. They assumed control on December 28, 2012, and the company was in the process of integration to G&W.
Former subsidiaries
RailAmerica controlled the following railroads. It 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.
RailAmerica was founded by Gary O. Marino and John H. Marino in 1986.
::data[format=table]
| Company | Acquired from | Date | Notes |
|---|---|---|---|
| Alabama and Gulf Coast Railway | StatesRail | ||
| Arizona and California Railroad | url=https://web.archive.org/web/20120224124215/http://www.stb.dot.gov/Decisions/readingroom.nsf/WEBUNID/BC478EEA87C7FC7F85256BBB00788E7C?OpenDocument | date=2012-02-24 }}, May 23, 2002 | |
| Bauxite and Northern Railway | Alcoa | ||
| California Northern Railroad | ParkSierra | ||
| Cape Breton and Central Nova Scotia Railway | RailTex | ||
| Carolina Piedmont Railroad | RailTex | ||
| Cascade and Columbia River Railroad | direct | ||
| Central Michigan Railway | direct | Leased by Huron and Eastern Railway | |
| Central Oregon and Pacific Railroad | RailTex | ||
| Central Railroad of Indiana | RailTex | ||
| Central Railroad of Indianapolis | RailTex | Also operates Winamac Southern Railway as agent | |
| Chesapeake and Albemarle Railroad | RailTex | ||
| Chicago, Fort Wayne and Eastern Railroad | direct | ||
| Connecticut Southern Railroad | RailTex | ||
| Dallas, Garland and Northeastern Railroad | RailTex | ||
| Eastern Alabama Railway | StatesRail | ||
| Goderich-Exeter Railway | RailTex | ||
| Grand Rapids Eastern Railroad | RailTex | ||
| Huron and Eastern Railway | direct | ||
| Indiana and Ohio Railway | RailTex | ||
| Indiana Southern Railroad | RailTex | ||
| Kiamichi Railroad | direct | ||
| Kyle Railroad | StatesRail | ||
| Lahaina, Kaanapali and Pacific Railroad | StatesRail | ||
| Marquette Rail | direct | ||
| Massena Terminal Railroad | Alcoa | ||
| Michigan Shore Railroad | RailTex | ||
| Mid-Michigan Railroad | RailTex | ||
| Missouri and Northern Arkansas Railroad | RailTex | ||
| New England Central Railroad | RailTex | ||
| North Carolina and Virginia Railroad | RailTex | ||
| Ottawa Valley Railway | RaiLink | ||
| Otter Tail Valley Railroad | direct | ||
| Point Comfort and Northern Railway | url=https://web.archive.org/web/20120224124258/http://www.stb.dot.gov/Decisions/readingroom.nsf/WEBUNID/727BAEEEB3F1324585257097006BC998?OpenDocument | date=2012-02-24 }}, October 19, 2005 | |
| Puget Sound and Pacific Railroad | ParkSierra | ||
| Raillink Canada Limited | Direct | Registered office in Montreal | |
| Rockdale, Sandow and Southern Railroad | Alcoa | ||
| San Diego and Imperial Valley Railroad | RailTex | ||
| San Joaquin Valley Railroad | StatesRail | ||
| South Carolina Central Railroad | RailTex | ||
| Southern Ontario Railway | RaiLink | ||
| Texas Northeastern Railroad | RailTex | ||
| Toledo, Peoria and Western Railway | direct | ||
| Ventura County Railroad | direct | ||
| Virginia Southern Railroad | RailTex | ||
| A&R Line, Inc. | TP&W | Leased by TP&W since 1997; owned by Cargill; service ended in September 2002 | |
| Arizona Eastern Railway | url=https://web.archive.org/web/20120224124341/http://www.stb.dot.gov/Decisions/readingroom.nsf/WEBUNID/FDC6E21B45F6DF0585256B280053A54F?OpenDocument | date=2012-02-24 }}, December 28, 2001 | |
| Central Western Railway | RaiLink | Sold January 2006 | |
| Dakota Rail, Inc. | direct | url=https://web.archive.org/web/20120224124519/http://www.stb.dot.gov/Decisions/readingroom.nsf/WEBUNID/0C13162629AD448285256B2F00639B37?OpenDocument | |
| Delaware Valley Railway | direct | Lease transferred March 1999 to Brandywine Valley Railroad | |
| E&N Railway | direct | Sold June 2006 to Southern Railway of British Columbia | |
| Evansville Terminal Company | direct | url=https://web.archive.org/web/20120224124553/http://www.stb.dot.gov/Decisions/readingroom.nsf/WEBUNID/BE44B8F0D8D181D1852565520059E9D9?OpenDocument | |
| Ferronor | direct | url=https://web.archive.org/web/20050830064523/http://www.railamerica.com/history.htm | |
| Freight Australia | direct | Sold August 2004 to Pacific National | |
| Georgia Southwestern Railroad | RailTex | url=https://web.archive.org/web/20090101133636/http://www.gswrr.com/history.html | |
| Gettysburg Railway | direct | Sold October 1997 to John H. Marino; included Gettysburg Scenic Rail Tours | |
| Indiana and Ohio Central Railroad | RailTex | Merged May 2005 into Indiana and Ohio Railway | |
| J.K. Line, Inc. | TP&W | Leased by TP&W since 1998; owned by Cargill; service ended in April 2002 | |
| Lakeland and Waterways Railway | RaiLink | Sold January 2006 | |
| Mackenzie Northern Railway | RaiLink | Sold January 2006 | |
| Minnesota Northern Railroad | direct | url=https://web.archive.org/web/20120224124637/http://www.stb.dot.gov/Decisions/readingroom.nsf/WEBUNID/9AAA824C9BB8FBCE852569450058A459?OpenDocument | |
| Ontario L'Orignal Railway | RailTex | Sold December 2000 | |
| Pittsburgh Industrial Railroad | RailTex | Sold December 2000 to Summit View, Inc. | |
| Plainview Terminal Company | direct | ||
| St. Croix Valley Railroad | direct | Sold August 2000 to KBN, Inc. | |
| Saginaw Valley Railway | direct | Merged September 2004 into Huron and Eastern Railway | |
| San Luis and Rio Grande Railroad | direct | url=https://web.archive.org/web/20120224124736/http://www.stb.dot.gov/Decisions/readingroom.nsf/WEBUNID/15A3B1EE9AD1417C852570ED006D4DDC?OpenDocument | |
| San Pedro and Southwestern Railway | StatesRail | url=https://web.archive.org/web/20120224124756/http://www.stb.dot.gov/Decisions/readingroom.nsf/WEBUNID/83BEB52074B88C9485256DDE007C37B8?OpenDocument | |
| South Central Tennessee Railroad | direct | url=https://web.archive.org/web/20120224124820/http://www.stb.dot.gov/Decisions/readingroom.nsf/WEBUNID/F551379EA09C707A852569CB0054002B?OpenDocument | |
| Texas-New Mexico Railroad | url=https://web.archive.org/web/20120224124311/http://www.stb.dot.gov/Decisions/readingroom.nsf/WEBUNID/B0E0674DE58361528525682400696DB8?OpenDocument | date=2012-02-24 }}, November 16, 1999 | |
| West Texas and Lubbock Railroad | direct | url=https://web.archive.org/web/20120224124831/http://www.stb.dot.gov/Decisions/readingroom.nsf/WEBUNID/B515CDCB70351C1085256F6D00594BCD?OpenDocument | |
| :: |
References
- RailAmerica (September 9, 2005), RailAmerica Selected to Acquire Four Railroads from Alcoa; Additionally Announces Lease with CSX Transportation for the 48 Mile Fremont Branch. Retrieved September 13, 2005.
- Yahoo Finance, RailAmerica Inc. (RRA). Retrieved September 13, 2005.
References
- RailAmerica. (December 31, 2009). "Form 10-K: Commission file number 001-32579". United States Securities and Exchange Commission.
- (February 14, 2007). "Fortress Completes Acquisition of RailAmerica, Inc.". RailAmerica.
- (July 1, 2010). "RailAmerica buys rail construction company". Trains Magazine.
- (April 11, 2011). "RailAmerica to Acquire Gulf and Ohio's Three Alabama Short Lines". Progressive Railroading.
- . (July 23, 2012). ["Genesee & Wyoming to pay $1.39B for RailAmerica"](https://finance.yahoo.com/news/genesee-wyoming-pay-1-39b-115358654.html). *[[Yahoo! Finance]]*.
- (July 23, 2012). "UPDATE 4-Genesee & Wyoming to buy RailAmerica for $1.4 billion". Reuters.
- Surface Transportation Board, [http://www.stb.dot.gov/decisions/readingroom.nsf/fc695db5bc7ebe2c852572b80040c45f/99d3ec311c35794c85257ada006859f5?OpenDocument Decision, Case No. 42772] {{Webarchive. link. (2013-04-29 , December 19, 2012)
- "Rail America sale completed - Railway Gazette". [[Railway Gazette International]].
- (2014-10-13). "Michigan's Railroad History 1825 - 2014".
- . (February 13, 2013). ["RailAmerica acquisition skewed Genesee & Wyoming's 4Q financial results"](http://www.progressiverailroading.com/short_lines_regionals/news/RailAmerica-acquisition-skewed-Genesee-Wyomings-4Q-financial-results--35185). *Progressive Railroading*.
- (2 May 2013). "GWI marks 1Q earnings, new headquarters". Simmons-Boardman Publishing Corporation.
- [[Securities and Exchange Commission]], Form 10-K: RailAmerica, Inc., for the fiscal year ended December 31, [http://www.secinfo.com/dsVsf.83By.htm 1996], [http://www.secinfo.com/dsVsf.73Wq.htm 1997], [http://www.secinfo.com/dsVsf.63kr.htm 1998], [http://www.secinfo.com/dsVsf.546x.htm 1999], [http://www.secinfo.com/dsVsf.44hd.htm 2000], [http://www.secinfo.com/dsVsf.3382.htm 2001], [http://www.secinfo.com/d13Wqv.2286.htm 2002], [http://www.secinfo.com/dsVsf.12ft.htm 2003], [http://www.secinfo.com/dsVsf.z2hb.htm 2004], [http://www.secinfo.com/dsVsf.v2aw.htm 2005]
- [http://www.stb.dot.gov/Decisions/readingroom.nsf/WEBUNID/A775537A4D255C3D85256B280053A524?OpenDocument STB Finance Docket No. 34128] {{Webarchive. link. (2012-02-24 , December 28, 2001)
- [http://www.stb.dot.gov/Decisions/readingroom.nsf/WEBUNID/BC478EEA87C7FC7F85256BBB00788E7C?OpenDocument STB Finance Docket No. 34197] {{Webarchive. link. (2012-02-24 , May 23, 2002)
- [[Securities and Exchange Commission]], [http://www.secinfo.com/dRe2b.6ht.d.htm#22ndPage Form 8-K: RailTex, Inc.], November 8, 1999
- STB Finance Docket No. 33048, September 13, 1996
- [http://www.stb.dot.gov/Decisions/readingroom.nsf/WEBUNID/AFF54B01A8E98C7A85256EDD00586A9E?OpenDocument STB Finance Docket No. 34508] {{Webarchive. link. (2012-02-24 , July 30, 2004)
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- (8 February 2012). "RailAmerica acquires Marquette Rail". Rail-USA.
- STB Finance Docket No. 33138, October 25, 1996
- [http://www.stb.dot.gov/Decisions/readingroom.nsf/WEBUNID/727BAEEEB3F1324585257097006BC998?OpenDocument STB Finance Docket No. 34758] {{Webarchive. link. (2012-02-24 , October 19, 2005)
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- STB Finance Docket No. 32990, July 17, 1996
- [http://www.railamerica.com/history.htm RailAmerica: History] {{Webarchive. link. (2005-08-30 , accessed December 2008)
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- [[Railroad Retirement Board]], [http://www.rrb.gov/pdf/bcd/bcd00-57.pdf Employer Status Determination: Marksman Corporation] {{Webarchive. link. (2012-09-16 , December 18, 2000)
- [http://www.stb.dot.gov/Decisions/readingroom.nsf/WEBUNID/E4D5D5755412A51C85256DDA00764F9E?OpenDocument STB Docket No. AB-856 (Sub-No. 1X)] {{Webarchive. link. (2012-02-24 , November 18, 2003)
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