Pioneer Railcorp
From Wikipedia, the free encyclopedia
Pioneer Railcorp (OTCBB: 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.
COMPANY PROFILE 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. The Keokuk Junction Railway is the only known exception, having been a short line from its inception.
[edit] Railroad subsidiaries
- Alabama Railroad (ALAB)
- Alabama and Florida Railway (AF)
- Decatur Junction Railway (DT)
- Elkhart and Western Railroad (EWR)
- Fort Smith Railroad (FSR)
- Garden City Western Railway (GCW)
- Gettysburg and Northern Railroad (GET)
- Indiana Southwestern Railway (ISW)
- Kendallville Terminal Railway (KTR)
- Keokuk Junction Railway (KJRY)
- Michigan Southern Railroad (MSO)
- Mississippi Central Railroad (MSCI)
- Shawnee Terminal Railway (STR)
- Vandalia Railroad (VRRC)
- West Michigan Railroad (WMI)
