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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. 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. Wh ...
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RailAmerica Logo
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. Wh ...
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Railway Gazette International
''Railway Gazette International'' is a monthly business magazine and news website covering the railway, metro, light rail and tram industries worldwide. Available by annual subscription, the magazine is read in over 140 countries by transport professionals and decision makers, railway managers, engineers, consultants and suppliers to the rail industry. A mix of technical, commercial and geographical feature articles, plus the regular monthly news pages, cover developments in all aspects of the rail industry, including infrastructure, operations, rolling stock and signalling. History ''Railway Gazette International'' traces its history to May 1835 as ''The Railway Magazine'', when it was founded by Effingham Wilson. The ''Railway Gazette'' title dates from July 1905, created to cover railway commercial and financial affairs. In April 1914 it merged with ''The Railway Times'', which incorporated '' Herapath's Railway Journal'', and in February 1935 it absorbed the ''Railway Engine ...
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South Carolina Central Railroad
The South Carolina Central Railroad is a class III railroad that operates of former CSX Transportation trackage in South Carolina. Originally a RailTex subsidiary upon its start in 1987, the railroad passed to RailAmerica following their acquisition of RailTex in 2000 and passed to the Genesee & Wyoming Railroad upon its acquisition of RailAmerica. Primary commodities include steel, chemicals, trash, and plastics, amounting to about 30,000 carloads in 2008. Interchange is made with CSX at Florence. History Both routes that comprise the South Carolina Central were of Seaboard Air Line and Atlantic Coast Line heritage. The oldest segment originally ran from Cheraw through Society Hill and Floyd before ending at Florence. It was constructed by the Cheraw and Darlington Railroad prior to the Civil War. The segment connecting Hartsville to Floyd was built by the Hartsville Railroad in 1890 for the purpose of connecting with the Cheraw & Darlington. Both segments were absorbed i ...
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Cape Breton And Central Nova Scotia Railway
The Cape Breton and Central Nova Scotia Railway is a short line railway that operated in the Canadian province of Nova Scotia. CBNS operated () of main line and associated spurs between Truro in the central part of the province to Point Tupper on Cape Breton Island. The rail lines operated by CBNS were previously owned by the Canadian National Railway. CBNS began operations in 1994 after the rail lines was purchased in October 1993 by the holding company RailTex. The purchase and operation of this route made CBNS one of the first short line railways to operate a route previously owned by a Canadian Class I railroad. On February 4, 2000, RailTex and all of its assets, including CBNS, were sold to the holding company RailAmerica. On December 12, 2012, RailAmerica and all of its assets, including CBNS, were sold to the holding company Genesee & Wyoming. Route The CBNS main line crosses varied scenery in central and eastern Nova Scotia including mixed farmland, river val ...
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California Northern Railroad
The California Northern Railroad is one of several Class III short-line railroad companies owned by Genesee & Wyoming, Inc. It operates over Southern Pacific Railroad (SP) tracks (now Union Pacific Railroad) under a long-term lease. The CFNR was originally owned by the Park-Sierra Rail Group (owner David L. Parkinson of St. Helena, California), who also owned the Arizona and California Railroad and the Puget Sound and Pacific Railroad. The CFNR was later sold to RailAmerica in 2002. Genesee & Wyoming, another shortline holding company, bought RailAmerica in December 2012. The railroad transports mainly food and agricultural commodities, as well as stone products. It moved around 26,000 carloads of goods in 2008. Lines Operated SP & Old NWP (Suisun/Fairfield - Willits) Current Suisun/Fairfield - Schellville Presently, the CFNR only operates between Suisun/ Fairfield to a connection with the Northwestern Pacific Railroad at Schellville, California. The CFNR also operated ...
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Bauxite And Northern Railway
The Bauxite and Northern Railway is a Class III railroad operating in the United States state of Arkansas. BXN operates over of track in Bauxite, Arkansas. Traffic consists of largely of alumina, and the railroad hauls 4,059 carloads per year. In 2005, the railroad was purchased by holding company RailAmerica. In December 2012, Genesee & Wyoming acquired the railroad in its acquisition of RailAmerica. History The Bauxite and Northern Railway was incorporated in Arkansas on November 13, 1906 and began operations in 1907, for the purpose of constructing and operating a railroad from the town of Bauxite Saline County to a junction with the St. Louis, Iron Mountain and Southern Railway. The BXN connected with the Rock Island at Bauxite, and connected with the Missouri Pacific at BN Junction. For the railroad's first 100 years, it was a wholly owned subsidiary of the Aluminum Company of America. The connection for the old Rock Island is now gone, but the remnants are still v ...
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Arizona And California Railroad
The Arizona and California Railroad is a class III short line railroad that was a subdivision of the Atchison, Topeka and Santa Fe Railway (ATSF). The ARZC began operations on May 9, 1991, when David Parkinson of the ParkSierra RailGroup purchased the line from the Santa Fe Railway. ParkSierra Railgroup was purchased in January 2002 by shortline railroad holding company RailAmerica. The Genesee & Wyoming shortline railroad holding company purchased RailAmerica in December 2012. ARZC's main commodities are petroleum gas, steel, and lumber; the railroad hauls around 12,000 carloads per year. Route At Cadiz, California, the railroad begins in the interchange with the BNSF Railway and continues southeast across the Mojave Desert to Rice, then east to cross the Colorado River Arizona/California state line at Parker, Arizona. The railroad continues southeast to Hope near Vicksburg then northeast to Matthie (near Wickenburg, Arizona). At Matthie, ARZC has trackage rights over the nor ...
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Alabama And Gulf Coast Railway
The Alabama and Gulf Coast Railway is a Class II railroad owned by Genesee & Wyoming. It operates of track from the Pensacola, Florida export terminals, west of downtown, north to Columbus, Mississippi, with trackage rights along BNSF Railway to Amory, Mississippi. A branch uses trackage rights along Norfolk Southern from Kimbrough, Alabama west and south to Mobile, Alabama, with separate trackage at the end of the line in Mobile. History Predecessor lines The current AGR is composed of numerous lines built during the late 19th and early 20th centuries, which were gradually consolidated into a system that was purchased by the St. Louis – San Francisco Railway and remained under that railroad or its successor's control until 1997, when it was spun off into an independent company. Pre-1922 The earliest ancestor of the AGR was the Pensacola and Mobile Railroad and Manufacturing Company, which in 1861 constructed of track between Muscogee, Florida and Cantonment, Florida. This ...
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Securities And Exchange Commission
The U.S. Securities and Exchange Commission (SEC) is an independent agency of the United States federal government, created in the aftermath of the Wall Street Crash of 1929. The primary purpose of the SEC is to enforce the law against market manipulation. In addition to the Securities Exchange Act of 1934, which created it, the SEC enforces the Securities Act of 1933, the Trust Indenture Act of 1939, the Investment Company Act of 1940, the Investment Advisers Act of 1940, the Sarbanes–Oxley Act of 2002, and other statutes. The SEC was created by Section 4 of the Securities Exchange Act of 1934 (now codified as and commonly referred to as the Exchange Act or the 1934 Act). Overview The SEC has a three-part mission: to protect investors; maintain fair, orderly, and efficient markets; and facilitate capital formation. To achieve its mandate, the SEC enforces the statutory requirement that public companies and other regulated companies submit quarterly and annual re ...
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Florida East Coast Industries
Florida East Coast Industries (FECI) is Florida's oldest and largest commercial real estate, transportation, and infrastructure holding company. Based in Coral Gables, FECI is the direct lineal descendant of the various companies founded by pioneering American businessman Henry M. Flagler. FECI today is the parent company of three distinct businesses: * All Aboard Florida, the operator of the Brightline intercity passenger rail line with stops in Miami, Fort Lauderdale, and West Palm Beach, as well as a planned extension to Orlando. In addition, the project calls for developing more than 2 million square feet of multi-use real estate space around the stations * Flagler Global Logistics, an integrated logistics company that provides multimodal shipping, warehousing and supply chain services; and * Flagler, a full-service commercial real estate company. FECI was purchased in 2007 by equity funds managed by Fortress Investment Group, LLC. Although Florida East Coast Railway at ...
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Florida East Coast Railway
The Florida East Coast Railway is a Class II railroad operating in the U.S. state of Florida, currently owned by Grupo México. Built primarily in the last quarter of the 19th century and the first decade of the 20th century, the FEC was a project of Standard Oil principal Henry Flagler. He originally visited Florida with his first wife, Mary; they sought assistance with the health issues she faced. A key strategist who worked closely with John D. Rockefeller building the Standard Oil Trust, Flagler noted both great potential and a lack of services during his stay at St. Augustine. He subsequently began what amounted to his second career, developing resorts, industries, and communities all along Florida's shores abutting the Atlantic Ocean. The FEC is possibly best known for building the railroad to Key West, completed in 1912. When the FEC's line from the mainland to Key West was heavily damaged by the Labor Day Hurricane of 1935, the State of Florida purchased the remaini ...
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Alcoa
Alcoa Corporation (an acronym for Aluminum Company of America) is a Pittsburgh-based industrial corporation. It is the world's eighth-largest producer of aluminum. Alcoa conducts operations in 10 countries. Alcoa is a major producer of primary aluminum, fabricated aluminum, and alumina combined, through its active and growing participation in all major aspects of the industry: technology, mining, refining, smelting, fabricating, and recycling. In May 2007, Alcoa Inc. made a US$27 billion hostile takeover bid for Alcan in an attempt to form the world's largest aluminum producer. The bid was withdrawn when Alcan announced a friendly takeover by Rio Tinto in July 2007. On November 1, 2016, Alcoa Inc. split into two entities: a new one called Alcoa Corporation, which is engaged in the mining and manufacture of raw aluminum, and the renaming of Alcoa Inc. to Arconic Inc., which processes aluminum and other metals. After relocating its corporate operations to New York City in ...
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