Railroad Development Corporation

Railroad Development Corporation

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.

Argentina

RDC participates in the ownership of two rail lines in Argentinacite web | title=RDC operating entities | url=http://www.rrdc.com/operating_ent.html | publisher="Railroad Development Corporation"] :
* [http://www.rrdc.com/op_argentina_all_central.html ALL Central] , a RailGauge|66 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.

* [http://www.rrdc.com/op_argentina_all_meso.html ALL Mesopotámica] , a RailGauge|ussg 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.

ee also

Transportation in Argentina

Estonia

Eesti Raudtee - bought August 31 2001, sold January 9 2007. [cite news | title=EVR's private interlude is over | url =http://www.railwaygazette.com/news_view/article/2007/02/6991/evr39s_private_interlude_is_over.html | work =Railway Gazette International | date = 2007-02-01 ]

Guatemala

Manages the previously closed 914 mm gauge Ferrovias Guatemala under a 50-year concession from 1997. [cite news | title=RDC to revive Guatemala railways | url=http://www.railwaygazette.com/news_view/article/1997/08/5152/rdc_to_revive_guatemala_railways.html | work =Railway Gazette International | date = 1997-08-01 ] Services to be suspended October 2007, RDC seeking arbitration in contractual dispute. [cite news | title=Central America going nowhere | url=http://www.railwaygazette.com/news_view/article/2007/08/7665/central_america_going_nowhere.html | work =Railway Gazette International | date = 2007-08-18 ]

Malawi

Through the Central East African Railways consortium, RDC operates the Malawi Railways network which connects with the CFM line in Mozambique.

ee also

Transport in Malawi

Mozambique

RDC has operated the CFM (Mozambique) northern line from Nacala since since January 2005. [cite news | title=Nacala concession completed | url =http://www.railwaygazette.com/news_view/article/2005/02/1046/nacala_concession_completed.html | work =Railway Gazette International | date = 2005-02-01 ]

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.

USA

Operates Iowa Interstate Railroad.

References

External links

* [http://www.rrdc.com/ Railroad Development Corporation website] .
* [http://www.railwaygazette.com/news_view/article/2004/06/3652/a_luta_continua.html A luta continua!] , Bradley J Knapp and Henry Posner III, "Railway Gazette International" June 2004.


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