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,[9] and the company was in the process of integration to G&W.[10][11]
Former subsidiariesedit
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.
^"Michigan's Railroad History 1825 - 2014" (PDF). Michigan Department of Transportation. 2014-10-13. Retrieved 2024-04-29.
^"RailAmerica acquisition skewed Genesee & Wyoming's 4Q financial results". Progressive Railroading. February 13, 2013. Retrieved 19 March 2015.
^Bowen, Douglas John (2 May 2013). "GWI marks 1Q earnings, new headquarters". Railway Age. Simmons-Boardman Publishing Corporation. Retrieved 2 April 2015.
^STB Finance Docket No. 34352 2012-02-24 at the Wayback Machine, July 18, 2003
^STB Finance Docket No. 34799 2012-02-24 at the Wayback Machine, January 12, 2006
^STB Finance Docket No. 34430 2012-02-24 at the Wayback Machine, November 21, 2003
^STB Finance Docket No. 33987 2012-02-24 at the Wayback Machine, January 12, 2001
^ abSTB Finance Docket No. 34206 2012-02-24 at the Wayback Machine, June 14, 2002
^STB Finance Docket No. 34613 2012-02-24 at the Wayback Machine, December 22, 2004
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.
railamerica, based, jacksonville, florida, holding, company, number, short, line, railroads, regional, railroads, united, states, canada, company, typeprivateindustryrail, transportfounded1986fateacquired, genesee, wyoming, 2012successorgenesee, wyoming, headq. 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 RailAmerica Inc Company typePrivateIndustryRail transportFounded1986FateAcquired by Genesee amp Wyoming in 2012SuccessorGenesee amp Wyoming Inc HeadquartersJacksonville Florida United StatesServicesShort line and regional railroadsRevenueUS 410 6 million 2009 1 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 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 amp 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 amp Wyoming put RailAmerica control in the hands of a trust 8 They assumed control on December 28 2012 9 and the company was in the process of integration to G amp W 10 11 Former subsidiaries editRailAmerica 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 Company Acquired from Date 12 Notes Alabama and Gulf Coast Railway StatesRail 13 January 2002 Arizona and California Railroad ParkSierra 14 January 2002 Bauxite and Northern Railway Alcoa 15 September 2005 California Northern Railroad ParkSierra 14 January 2002 Cape Breton and Central Nova Scotia Railway RailTex 16 February 2000 Carolina Piedmont Railroad RailTex 17 February 2000 Cascade and Columbia River Railroad direct 18 September 1996 Central Michigan Railway direct January 2004 Leased by Huron and Eastern Railway Central Oregon and Pacific Railroad RailTex 17 February 2000 Central Railroad of Indiana RailTex 17 February 2000 Central Railroad of Indianapolis RailTex 17 February 2000 Also operates Winamac Southern Railway as agent Chesapeake and Albemarle Railroad RailTex 17 February 2000 Chicago Fort Wayne and Eastern Railroad direct 19 July 2004 Connecticut Southern Railroad RailTex 17 February 2000 Dallas Garland and Northeastern Railroad RailTex 17 February 2000 Eastern Alabama Railway StatesRail 20 January 2002 Goderich Exeter Railway RailTex 16 February 2000 Grand Rapids Eastern Railroad RailTex 17 February 2000 Huron and Eastern Railway direct March 1992 Indiana and Ohio Railway RailTex 17 February 2000 Indiana Southern Railroad RailTex 17 February 2000 Kiamichi Railroad direct 21 January 2002 Kyle Railroad StatesRail 20 January 2002 Lahaina Kaanapali and Pacific Railroad StatesRail 12 January 2002 Marquette Rail direct 22 February 2012 Massena Terminal Railroad Alcoa 15 September 2005 Michigan Shore Railroad RailTex 17 February 2000 Mid Michigan Railroad RailTex 17 February 2000 Missouri and Northern Arkansas Railroad RailTex 17 February 2000 New England Central Railroad RailTex 17 February 2000 North Carolina and Virginia Railroad RailTex 17 February 2000 Ottawa Valley Railway RaiLink 12 July 1999 Otter Tail Valley Railroad direct 23 October 1996 Point Comfort and Northern Railway Alcoa 15 September 2005 Puget Sound and Pacific Railroad ParkSierra 14 January 2002 Raillink Canada Limited Direct January 2002 Registered office in Montreal Rockdale Sandow and Southern Railroad Alcoa 15 September 2005 San Diego and Imperial Valley Railroad RailTex 17 February 2000 San Joaquin Valley Railroad StatesRail 20 January 2002 South Carolina Central Railroad RailTex 17 February 2000 Southern Ontario Railway RaiLink 12 July 1999 Texas Northeastern Railroad RailTex 17 February 2000 Toledo Peoria and Western Railway direct 24 September 1999 Ventura County Railroad direct 25 August 1998 Virginia Southern Railroad RailTex 17 February 2000 A amp R Line Inc TP amp W September 1999 Leased by TP amp W since 1997 owned by Cargill service ended in September 2002 26 Arizona Eastern Railway StatesRail 20 January 2002 Sold December 2004 to Permian Basin Railways 12 27 28 Central Western Railway RaiLink 12 July 1999 Sold January 2006 12 Dakota Rail Inc direct September 1995 Sold December 2001 to Hennepin County Regional Railroad Authority 12 29 Delaware Valley Railway direct July 1994 Lease transferred March 1999 to Brandywine Valley Railroad 30 E amp N Railway direct January 1999 Sold June 2006 to Southern Railway of British Columbia Evansville Terminal Company direct 31 June 1996 Sold September 1997 to John H Marino 12 32 Ferronor direct February 1997 Leased Potrerillos Railway in January 2002 33 sold February 2004 12 Freight Australia direct April 1999 Sold August 2004 to Pacific National 12 Georgia Southwestern Railroad RailTex 17 February 2000 Sold March 2002 to local interests 12 34 Gettysburg Railway direct 35 November 1996 Sold October 1997 to John H Marino included Gettysburg Scenic Rail Tours 12 32 Indiana and Ohio Central Railroad RailTex 17 February 2000 Merged May 2005 into Indiana and Ohio Railway 36 J K Line Inc TP amp W September 1999 Leased by TP amp W since 1998 owned by Cargill service ended in April 2002 37 38 Lakeland and Waterways Railway RaiLink 12 July 1999 Sold January 2006 12 Mackenzie Northern Railway RaiLink 12 July 1999 Sold January 2006 12 Minnesota Northern Railroad direct 39 December 1996 Sold August 2000 to KBN Inc 12 40 Ontario L Orignal Railway RailTex 16 February 2000 Sold December 2000 12 Pittsburgh Industrial Railroad RailTex 17 February 2000 Sold December 2000 to Summit View Inc 12 41 Plainview Terminal Company direct November 1995 St Croix Valley Railroad direct 42 September 1997 Sold August 2000 to KBN Inc 12 40 Saginaw Valley Railway direct March 1992 Merged September 2004 into Huron and Eastern Railway 43 San Luis and Rio Grande Railroad direct 44 June 2003 Sold December 2005 to Permian Basin Railways 12 27 45 San Pedro and Southwestern Railway StatesRail 20 January 2002 Sold October 2003 to Arizona Railroad Group 12 46 South Central Tennessee Railroad direct February 1994 Sold December 2000 to Henry G Hohorst et al 12 47 Texas New Mexico Railroad RailTex 17 February 2000 Sold May 2002 to Permian Basin Railways 12 27 48 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 12 27 48 49 References edit RailAmerica December 31 2009 Form 10 K Commission file number 001 32579 United States Securities and Exchange Commission Fortress Completes Acquisition of RailAmerica Inc RailAmerica February 14 2007 Archived from the original on February 13 2012 Retrieved October 31 2007 Alt URL RailAmerica buys rail construction company Trains Magazine July 1 2010 Retrieved July 5 2010 RailAmerica to Acquire Gulf and Ohio s Three Alabama Short Lines Progressive Railroading April 11 2011 Genesee amp Wyoming to pay 1 39B for RailAmerica Yahoo Finance Greenwich Conn Associated Press July 23 2012 Retrieved September 22 2023 UPDATE 4 Genesee amp Wyoming to buy RailAmerica for 1 4 billion Reuters July 23 2012 Retrieved July 23 2012 Surface Transportation Board Decision Case No 42772 Archived 2013 04 29 at the Wayback Machine December 19 2012 Rail America sale completed Railway Gazette Railway Gazette International Retrieved 4 October 2012 Michigan s Railroad History 1825 2014 PDF Michigan Department of Transportation 2014 10 13 Retrieved 2024 04 29 RailAmerica acquisition skewed Genesee amp Wyoming s 4Q financial results Progressive Railroading February 13 2013 Retrieved 19 March 2015 Bowen Douglas John 2 May 2013 GWI marks 1Q earnings new headquarters Railway Age Simmons Boardman Publishing Corporation Retrieved 2 April 2015 a b c d e f g h i j k l m n o p q r s t u v w x y z Securities and Exchange Commission Form 10 K RailAmerica Inc for the fiscal year ended December 31 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 STB Finance Docket No 34128 Archived 2012 02 24 at the Wayback Machine December 28 2001 a b c STB Finance Docket No 34197 Archived 2012 02 24 at the Wayback Machine May 23 2002 a b c d STB Finance Docket No 34758 Archived 2012 02 24 at the Wayback Machine October 19 2005 a b c Securities and Exchange Commission Form 8 K RailTex Inc November 8 1999 a b c d e f g h i j k l m n o p q r s t u v w STB Finance Docket No 33813 Archived 2012 02 24 at the Wayback Machine November 16 1999 STB Finance Docket No 33048 September 13 1996 STB Finance Docket No 34508 Archived 2012 02 24 at the Wayback Machine July 30 2004 a b c d e STB Finance Docket No 34129 Archived 2012 02 24 at the Wayback Machine December 28 2001 STB Finance Docket No 34130 Archived 2012 02 24 at the Wayback Machine January 30 2002 RailAmerica acquires Marquette Rail Rail USA 8 February 2012 Archived from the original on 24 December 2015 Retrieved 15 February 2012 STB Finance Docket No 33138 October 25 1996 STB Finance Docket No 33777 Archived 2012 02 24 at the Wayback Machine September 17 1999 STB Finance Docket No 33650 Archived 2012 02 24 at the Wayback Machine September 24 1998 STB Docket No AB 855 Sub No 1X Archived 2012 02 24 at the Wayback Machine September 29 2003 a b c d Permian Basin Railways Archived 2014 10 30 at the Wayback Machine accessed December 2008 STB Finance Docket No 34614 Archived 2012 02 24 at the Wayback Machine December 22 2004 STB Docket No AB 472 Sub No 1X Archived 2012 02 24 at the Wayback Machine December 27 2001 STB Finance Docket No 33722 Archived 2012 02 24 at the Wayback Machine April 16 1999 STB Finance Docket No 32990 July 17 1996 a b STB Finance Docket No 33505 Archived 2012 02 24 at the Wayback Machine November 21 1997 RailAmerica History accessed December 2008 History of the GSWR accessed December 2008 STB Finance Docket No 33287 Archived 2012 02 24 at the Wayback Machine November 18 1996 Railroad Retirement Board Employer Status Determination Indiana amp Ohio Central Railroad Inc Archived 2012 09 16 at the Wayback Machine October 11 2005 Railroad Retirement Board Employer Status Determination Marksman Corporation Archived 2012 09 16 at the Wayback Machine December 18 2000 STB Docket No AB 856 Sub No 1X Archived 2012 02 24 at the Wayback Machine November 18 2003 STB Finance Docket No 33316 Archived 2012 02 24 at the Wayback Machine March 12 1997 a b STB Finance Docket No 33911 Archived 2012 02 24 at the Wayback Machine August 31 2000 STB Finance Docket No 33978 January 11 2001 STB Finance Docket No 33443 Archived 2012 02 24 at the Wayback Machine September 3 1997 Railroad Retirement Board Employer Status Determination Saginaw Valley Railway Company Archived 2012 09 16 at the Wayback Machine March 22 2005 STB Finance Docket No 34352 Archived 2012 02 24 at the Wayback Machine July 18 2003 STB Finance Docket No 34799 Archived 2012 02 24 at the Wayback Machine January 12 2006 STB Finance Docket No 34430 Archived 2012 02 24 at the Wayback Machine November 21 2003 STB Finance Docket No 33987 Archived 2012 02 24 at the Wayback Machine January 12 2001 a b STB Finance Docket No 34206 Archived 2012 02 24 at the Wayback Machine June 14 2002 STB Finance Docket No 34613 Archived 2012 02 24 at the Wayback Machine December 22 2004 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 External links editOfficial site Archived 2004 12 07 at the Wayback Machine Retrieved from https en wikipedia org w index php title RailAmerica amp oldid 1221376200, wikipedia, wiki, book, books, library,
