Railroad Development Corporation
The Railroad Development Corporation is an American railroad holding company based in Pittsburgh, Pennsylvania. It operates several short line railroads outside the United States and acts as an investor, with management and institutional investors as partners. It was founded in 1987 by former Conrail employee Henry Posner III.
| Industry | Rail transport |
|---|---|
| Founded | 1987 |
| Founder | Henry Posner III |
| Headquarters | , United States |
| Website | www.rrdc.com |
Americas
Argentina
RDC participated in the ownership of two rail lines in Argentina:[1]
- ALL Central, a 5 ft 6 in (1,676 mm) broad gauge line also in partnership with América Latina Logística and the Argentine government. It formerly operated as Buenos Aires al Pacífico - San Martin, Ferrocarril General San Martín, and Buenos Aires and Pacific Railway.
- ALL Mesopotámica, a 4 ft 8+1⁄2 in (1,435 mm) standard gauge line in partnership with América Latina Logística and the Argentine government. It formerly operated as Ferrocarril Mesopotámico - General Urquiza and Ferrocarril General Urquiza. In October 2013, both lines were nationalized and were taken over by Trenes Argentinos Cargas y Logistica.
Colombia
In August 2012 Ferrocarril del Pacífico that RDC has a shareholding in, resumed operations on the Buenaventura to Yumbo section of the Pacific line.[2][3]
Guatemala
RDC managed the previously closed 914 mm (3 ft) gauge Ferrovias Guatemala (FVG) under a 50-year concession from 1997.[4] In August 2006, the government of Guatemala invalidated a 2003 contract for the usufruct of rolling stock and other equipment.[5] Due to the continuing uncertainty leading to losses, FVG suspended all operations on October 1, 2007 while continuing with legal actions against the Guatemalan government.[6][7] The legal action was settled in RDC's favor in December 2013.[8][9]
Peru
In July 1999 the Peruvian government awarded a consortium led by RDC a 30-year concession to operate the former Ferrocarril del Centro. Investors in Ferrocarril Central Andino (FCCA) included RDC, Juan Olaechea & Company, Minas Buenaventura, Cementos Andino, Mitsui and the Commonwealth Development Corporation.[1][10] It was agreed in June 2006 by the Peruvian government that FCCA should go ahead with converting the Ferrocarril Huancayo - Huancavelica from 3 ft (914 mm) to 4 ft 8+1⁄2 in (1,435 mm) (standard gauge). Estimated to take 16 months, the US$33m project was to be funded jointly by the government and the Development Bank of Latin America.[11][12] This project was finished by October 2010.[13]
United States
RDC operates the Iowa Interstate Railroad.[1] RDC first invested in the railroad in 1991, exercising an option to purchase in January 2004.[14][15]
In November 2008, RDC entered a joint venture with LeGrand America to operate a business class road coach service from Pittsburgh and Harrisburg.[16] It ceased in July 2009.[17][18]
In December of 2022, RDC became part of a $16 million proposal by SEPTA and Chester County in southeastern Pennsylvania to connect the borough of West Chester to Delaware County on a line that hasn't seen service since 1986. The proposal would provide a Metro line using rechargeable, battery-driven light rail service based on Class 230 trains built from recycled London Underground cars with a 60-mile range.[19]
Europe
Belgium
In January 2015, RDC purchased a 25% shareholding in Eurorail.[20][21]
Estonia
RDC purchased a 5% shareholding in Eesti Raudtee on August 31, 2001, selling it on January 9, 2007.[22][23][24][25]
France
In 2009 Réseau Ferré de France, Caisse des dépôts et consignations and RDC formed a joint venture to promote local freight.[26]
Germany
Hamburg-Köln-Express (HKX) was founded as a joint venture in November 2009 between RDC (75%), Locomore (17.5%) and railway investor Michael Schabas (7.5%).[27] Services were initially planned to start in August 2010 but this was postponed after the paths it had identified for its services were claimed by Keolis for a proposed Mulhouse to Hamburg open-access service. Keolis later abandoned its plans and HKX was able to reapply for the paths.[28] Operations commenced on July 23, 2012.[29][30]
In December 2015, RDC-owned HKX stopped operating the Hamburg-Köln-Express, the operation was then carried out by the independent rail tourism company BahnTouristikExpress (BTE). Following 2016 reports that the German motorail operator DB Fernverkehr was about to terminate all motorail services in Germany by October 2016, RDC purchased a 50% share in BTE as the company had a number of car-carrier wagons in stock.[31] Following the purchase, on 18 October 2016, RDC commenced operating RDC Autozug Sylt car shuttle services from Niebüll to Westerland after securing a 10-year access agreement. Services were initially hauled by a Transdev Class 251 while using BTE car-carrier wagons.[32][33] BTE in December 2016 started operating the BTE AutoReiseZug motorail service between Hamburg and Lörrach.[34]
In October 2017, BTE and therefore RDC terminated the Hamburg-Köln-Express service without further notice. The service of the former Hamburg-Köln-Express was then restarted in March 2018 on the same route by the company Flixmobility under the brand name Flixtrain, but again with BTE as the train operator. The brand name HKX was replaced by the green Flixtrain label. In November 2017, RDC bought two Siemens Vectron diesel locomotives for its RDC Autozug Sylt car shuttle operations.[35]
In 2018 and 2019, BTE is also offering the seasonal night train Alpen Express (winter) between the Netherlands and Austria in cooperation with the Dutch agency Treinreiswinkel. In 2020, RDC started operating the seasonal night train Alpen-Sylt Nachtexpress between the island of Sylt and Salzburg, Austria.[36] In 2021, its operation will also include southwestern Germany with Konstanz as destination by dividing southbound trains in Gemünden.[37]
In January 2021, RDC Autozug Sylt was awarded the contract to operate the Akkunetz Nord regional train network in the state of Schleswig-Holstein, beginning in December 2023.[38] The rolling stock, battery-electric Stadler Flirt Akku trains, was to be provided by the tendering authority.[39] The network was to comprise the following train services:
- RE72 between Flensburg and Kiel,
- RB73 between Eckernförde and Kiel,
- RE74 between Husum and Kiel,
- RB75 between Rendsburg and Kiel, and
- RB64 between Husum and Bad St. Peter-Ording.
In January 2022, the contract was terminated after legal action by incumbent DB Regio. Instead of RDC, Nordbahn was awarded the contract.[40]
United Kingdom
RDC was a shareholder in Vivarail, a now-defunct[41] company that converted London Underground D78 Stock electric multiple units into Class 230 diesel multiple units.[42]
International night trains
From December 2021, the nightjet service from Zürich via Cologne to Amsterdam, operated jointly by ÖBB, SBB and NS will be operated using sleeper and couchette coaches leased from RDC Asset GmbH. This will last, until new nightjet coaches have been constructed.[43][44]
In August 2021, Swedish rail company SJ announced it had been selected by the Swedish Transport Administration to operate a new EuroNight service from Stockholm via Copenhagen to Hamburg from mid-2022. The train will be operated jointly with Danish railways DSB and RDC, with the latter providing the rolling stock, crew, as well as operating the train within Germany.[45]
Africa
Malawi
Through the Central East African Railways consortium, RDC operated the Malawi Railways network which connects with the Caminhos de Ferro de Moçambique line in Mozambique from December 1999.[46][47] The operation was sold in 2008.[1][48][49]
References
- ^ a b c d RDC operating entities Railroad Development Corporation
- ^ Presidential launch for Pacific revival Railway Gazette International August 6, 2012
- ^ Ferrocarril del Pacífico Railroad Development Corporation
- ^ RDC to revive Guatemala railways Railway Gazette International August 1997
- ^ Guatemala government violates terms of railroad privatization agreement Railroad Development Corporation August 28, 2006
- ^ Railroad Development Corporation July 6, 2007
- ^ Central America going nowhere Railway Gazette International August 2007
- ^ RDC wins six-year battle for compensation from Guatemala International Railway Journal December 4, 2013
- ^ Full settlement for Railroad Development Corp in Guatemala dispute Railway Gazette International December 4, 2013
- ^ Peruvian Rail Concession takes RDC to new heights Railroad Development Corporation July 27, 1999
- ^ Railway Gazette International June 2006
- ^ Great South American Rail Adventure 2008-05-13 at the Wayback Machine Trains & Travel
- ^ Trains March 2009 page 68
- ^ The History of IAIS Iowa Interstate Railroad
- ^ RDC Purchases Iowa Interstate Railroad Development Corporation January 2, 2004
- ^ Steel City Flyer to Begin Non-Stop Service between Pittsburgh and Harrisburg Railroad Development Corporation November 7, 2008
- ^ Capitol bus service to end next week Pittsburgh Post-Gazette July 10, 2009
- ^ Steel City Flyer to End Service on July 16, 2009 Railroad Development Corporation July 10, 2009
- ^ "Rechargable trains proposed to link West Chester to established Philly line". MSN. Retrieved 2022-12-07.
- ^ RDC takes 25% stake in Eurorail Railway Gazette International January 12, 2015
- ^ RDC acquires 25% stake in Eurorail International Railway Journal February 2015 page 15
- ^ Baltic Rail Services Completes the Purchase of Controlling Interest in Eesti Raudtee, Estonian State Railways Railroad Development Corporation September 4, 2001
- ^ Estonian privatisation completed Railway Gazette International October 1, 2001
- ^ EVR's private interlude is over Railway Gazette International February 2007
- ^ Estonia railway operator has new controller Financial Times January 17, 2007
- ^ RDC in French freight venture Railway Gazette International April 2, 2009
- ^ Hamburg-Köln-Express to launch Railway Gazette International November 4, 2009
- ^ Open-access with the X factor International Railway Journal December 14, 2011
- ^ HKX prepares to take on DB Railway Gazette International July 5, 2012
- ^ Railroad Development Corporation: Americans in Paris…and Koln Today's Railways Europe issue 205 January 2013 pages 20-24
- ^ Land Transport Finance - Markets DVB Bank 31 December 2016
- ^ RDC Deutschland launches Sylt car-carrying trains International Railway Journal October 18, 2016
- ^ Autozug Sylt car-carrying service launched Railway Gazette International October 18, 2016
- ^ Private operator to run German motor rail service International Railway Journal April 18, 2016
- ^ "[DE] RDC Autozug Sylt opts for Vectron DE". Railcolor News. 2017-11-10. Retrieved 2018-12-20.
{{cite web}}: CS1 maint: url-status (link) - ^ "Alpen-Sylt night trains begin operation". International Railway Journal. 2020-07-10. Retrieved 2021-02-11.
- ^ "ALPEN-SYLT Nachtexpress". www.nachtexpress.de. Retrieved 2021-03-10.
- ^ "Drei Verkehrsunternehmen sollen im Akkunetz fahren | NAH.SH". www.nah.sh (in German). Nahverkehrsverbund Schleswig-Holstein GmbH. 2021-02-11. Retrieved 2021-02-11.
{{cite web}}: CS1 maint: url-status (link) - ^ "Stadler liefert 55 FLIRT Akku für den Nahverkehrsverbund Schleswig-Holstein". Stadler Rail (in German). 2019-07-02. Retrieved 2021-02-11.
{{cite web}}: CS1 maint: url-status (link) - ^ RDC loses German regionla passenger contract International Railway Journal January 4, 2022
- ^ "Marston Vale Line: No train services unacceptable says councillor". BBC News. Retrieved 2023-02-10.
- ^ RDC seeks diverse opportunities in European market International Railway Journal May 18, 2016
- ^ "ÖBB, DB, SBB, and SNCF announce Nightjet collaboration". International Railway Journal. 2020-12-08. Retrieved 2021-08-30.
- ^ Ehrbar, Stefan. "Öffentlicher Verkehr - SBB mieten Nachtzüge bei US-Firma – ab nächstem Jahr sollen sie nach Amsterdam rollen". Luzerner Zeitung (in German). Retrieved 2021-08-30.
- ^ "SJ får förtroende att köra nattåg Stockholm-Hamburg" (in Swedish). SJ AB. 2021-08-30. Retrieved 2021-08-30.
{{cite web}}: CS1 maint: url-status (link) - ^ RDC Led Consortium Reaches Agreement on Concession in Mozambique Railroad Development Corporation February 10, 2000
- ^ A luta continua!, Bradley J Knapp and Henry Posner III Railway Gazette International June 2004
- ^ RDC sells Central East African Railway stake Railway Gazette International September 15, 2008
- ^ Company profile Central East African Railways
External links
- Headquarters
- RDC Company website
- Americas
- Iowa Interstate Railroad, LTD (IAIS)
- Ferrocarril Central Andino S.A. (FCCA)
- Europe
- Vivarail
- BahnTouristikExpress GmbH (BTE) (in German only)
- RDC Autozug Sylt GmbH (in German only)