RailTex
Company Name | RailTex |
Company Web Site | Link |
Category | Railroad |
Year Founded | 1977 |
Final Year of Operation | 2000 |
Termination | Merged |
Successor/Parent | Rail America (Details) |
Country | United States (Details) |
Source of Text | Wikipedia |
Text Credit URL | Link |
Company History:
RailTex was a transportation holding company that specialized in owning and operating short line railroads across North America.
Based in San Antonio, Texas, the public company was a leader in making unprofitable lines shed by Class I railroads into viable transportation routes.
The company was sold on February 4, 2000 and merged into RailAmerica.
Successor/Parent History:
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.
On July 23, 2012, Genesee & Wyoming Inc. announced that it intended to purchase RailAmerica. They assumed control on December 28, 2012.
Map Courtesy of Genesee & Wyoming Inc.
On July 23, 2012, Genesee & Wyoming Inc. announced that it intended to purchase RailAmerica. They assumed control on December 28, 2012.
Map Courtesy of Genesee & Wyoming Inc.
Brief History:
The U.S. is a country of 50 states covering a vast swath of North America, with Alaska in the northwest and Hawaii extending the nation’s presence into the Pacific Ocean. Major Atlantic Coast cities are New York, a global finance and culture center, and capital Washington, DC. Midwestern metropolis Chicago is known for influential architecture and on the west coast, Los Angeles' Hollywood is famed for filmmaking.
Item Links:
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RailTex - Railroad
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Item created by: gdm
on 2021-03-19 07:35:49
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