Pioneer Railcorp
Pioneer Railcorp (OTC Pink: PRRR) is a holding company for a number of American short-line railroads. Other subsidiaries offer locomotive and freight car leasing to its own railroads and to third parties, and also freight car cleaning. Pioneer also has interests in real estate and newsletter publishing.[1]
The company, originally named Pioneer Railroad Company, was founded in January 1986 by Guy L. Brenkman. The company raised the capital for its first acquisition through a self-underwritten public stock offering. It continued this method of raising capital for subsequent acquisitions.
Almost all of the short lines owned by Pioneer are lines spun off by Class I railroads.
Railroad Subsidiaries[2]
- Alabama Railroad (ALAB)
- Decatur Junction Railway (DT)
- Elkhart and Western Railroad (EWR)
- Fort Smith Railroad (FSR)
- Garden City Western Railway (GCW)
- Gettysburg and Northern Railroad (GET)
- Georgia Southern Railway (GS)
- Indiana Southwestern Railway (ISW)
- Kendallville Terminal Railway (KTR)
- Keokuk Junction Railway (KJRY)
- Michigan Southern Railroad (MSO)
- Mississippi Central Railroad (MSCI)
- Napoleon Defiance and Western Railroad
- Pioneer Industrial Railway (PRY)
- Ripley & New Albany Railroad (RNA)
- Shawnee Terminal Railway (STR)
- Vandalia Railroad (VRRC)
- West Michigan Railroad (WMI)
Former Railroads
References
External links
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