RailAmerica Company Description
Piece by piece, RailAmerica has assembled an extensive rail transportation network. The company operates short-line railroads (generally less than 350 miles long), in the US and Canada. Overall, RailAmerica owns interests in more than 40 railroads that operate over a network of about 7,500 miles of track. The company is one of the leading operators of short-line railroads in North America, along with Genesee & Wyoming. RailAmerica's railroads transport such items as coal, lumber and forest products, chemicals, and agricultural products. Fortress Investment Group owns the company. In July 2009 RailAmerica filed for an IPO to generate working capital and to pay down debt.
View the Comprehensive Company Description for RailAmerica
The Company Description provides a historical perspective of RailAmerica's organization from inception to current status.
Produced by Hoover's in-house editorial team, the Company Description tracks ownership transitions, company progress via mergers and acquisitions, major growth milestones, and strategic initiatives, to provide a holistic view of RailAmerica's evolution in the marketplace.
