Railmark Holdings, Inc.
   HOME

TheInfoList



OR:

Railmark Holdings, Inc. is an American rail industry
holding company A holding company is a company whose primary business is holding a controlling interest in the securities of other companies. A holding company usually does not produce goods or services itself. Its purpose is to own shares of other companies ...
whose subsidiaries provide railroad services in
railroad operations Rail transport operations are the day-to-day operations of a railway. A railway has two major components: the infrastructure (the permanent way, tracks, stations, freight facilities, viaducts, tunnels, etc.) and the rolling stock (the locomoti ...
, track construction and maintenance, rail freight logistics, rail development, and railroad mechanical services. Railmark Holdings was founded in 1998 by B. Allen Brown, who serves as Railmark's President & CEO. Railmark primarily operates in the United States but has had railroad business experience in eighteen countries outside of the United States. Railmark’s operations are divided into five business segments: railroad operations, rail logistics, track construction and maintenance, railcar services, and rail development. The current
subsidiaries A subsidiary, subsidiary company or daughter company is a company owned or controlled by another company, which is called the parent company or holding company. Two or more subsidiaries that either belong to the same parent company or having a sa ...
are Railmark Track Works, Rail Freight Solutions, Railmark Transit Services, and Railmark Railcar Services. Railmark Transit Services serves the light rail and
regional rail Regional rail, also known as local trains and stopping trains, are passenger rail services that operate between towns and cities. These trains operate with more stops over shorter distances than inter-city rail, but fewer stops and faster serv ...
industry. Previous subsidiaries include
Michigan Air-Line Railway The Michigan Air–Line Railway was a short-line railroad in Oakland County, Michigan. It ran from West Bloomfield, Michigan to Wixom, Michigan, where it connected to CSX. The headquarters and station were in Walled Lake, Michigan. The name was ...
and Railmark's Rail Entertainment USA. The Railmark Track Works subsidiary supplies a line of bio-based,
biodegradable Biodegradation is the breakdown of organic matter by microorganisms, such as bacteria and fungi. It is generally assumed to be a natural process, which differentiates it from composting. Composting is a human-driven process in which biodegradati ...
rail curve and switch plate lubricants. Ultralube brand railroad lubricants are manufactured from renewable US-grown crop-based oils. RAILheat utilizes an environmentally safe and energy-efficient Far Infrared (FIR) technology that is designed to prevent freezing in railroad equipment and operations. These products meet the U.S. Environmental Protection Agency's (EPA) Environmental Preferable Purchasing (EPP) criteria. Rail Entertainment USA used to run the Star Clipper Dinner Train, Steel Wheels Party Train, and Pullman Palace Bed & Breakfast, along with a scenic railway operation located in
Oakland County, Michigan Oakland County is a county in the U.S. state of Michigan. It is part of the metropolitan Detroit area, located northwest of the city. As of the 2020 Census, its population was 1,274,395, making it the second-most populous county in Michigan, b ...
. The Star Clipper Dinner Train is the first and oldest dinner train in the United States, dating back to early 1986. The final run of this train was on December 31, 2008. On November 12, 2009, the company sold its Michigan Air-Line Railway to Nebraska-based Browner Turnout. In August 2014, Railmark and
Train Travel Holdings In rail transport, a train (from Old French , from Latin , "to pull, to draw") is a series of connected vehicles that run along a railway track and transport people or freight. Trains are typically pulled or pushed by locomotives (often know ...
(TTHX) announced that they will be merging their operations. The merger provided Railmark with greater access to capital as a public company, while TTHX acquired more shareholders who work in the railroad industry. In January 2017, it was announced that Railmark had acquired
Yreka Western Railroad The Yreka Western Railroad Company is a shortline railroad operating freight trains between the Union Pacific Railroad interchange at Montague and the City of Yreka, California. Railmark Holdings acquired the Yreka Western Railroad in 2017. Th ...
, a railway line operating in Siskiyou County, California.


References


External links

*{{official website, http://www.railmark.com Companies based in Michigan Citigroup United States railroad holding companies