Railroad Development Corporation
From Wikipedia, the free encyclopedia
Railroad Development Corporation is a railroad holding company based in Pittsburgh, Pennsylvania.
RDC operates several short line railroads outside the United States and acts as an investor, with management and institutional investors as partners.
Henry Posner III is a founding principal of the company.
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[edit] Argentina
RDC participates in the ownership of two rail lines in Argentina[1]:
- ALL Central, a 5 ft 6 in (1,676 mm) broad gauge line also in partnership with América Latina Logística and the Argentine government. It formerly operated as Buenos Aires al Pacífico - San Martin, Ferrocarril General San Martín, and Buenos Aires and Pacific Railway.
- ALL Mesopotámica, a 4 ft 8½ in (1,435 mm) standard gauge line in partnership with América Latina Logística and the Argentine government. It formerly operated as Ferrocarril Mesopotámico - General Urquiza and Ferrocarril General Urquiza.
[edit] see also
[edit] Estonia
Eesti Raudtee - bought August 31 2001, sold January 9 2007.[2]
[edit] Guatemala
Manages the previously closed 914 mm gauge Ferrovias Guatemala under a 50-year concession from 1997.[3] Services to be suspended October 2007, RDC seeking arbitration in contractual dispute.[4]
[edit] Malawi
Through the Central East African Railways consortium, RDC operates the Malawi Railways network which connects with the CFM line in Mozambique.[1]
[edit] Peru
In July 1999 the Peruvian government awarded a consortium led by RDC a 30-year concession to operate the former Ferrocarril del Centro. Investors in Ferrocarril Central Andino include RDC, Juan Olaechea & Company, Minas Buenaventura, ADR Inversiones, and Inversiones Andino.[1]
[edit] USA
Operates Iowa Interstate Railroad.[1]
[edit] References
- ^ a b c d RDC operating entities. Railroad Development Corporation.
- ^ "EVR's private interlude is over", Railway Gazette International, 2007-02-01.
- ^ "RDC to revive Guatemala railways", Railway Gazette International, 1997-08-01.
- ^ "Central America going nowhere", Railway Gazette International, 2007-08-18.
[edit] External links
- Railroad Development Corporation website.
- A luta continua!, Bradley J Knapp and Henry Posner III, Railway Gazette International June 2004.