- Pioneer Railcorp
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Pioneer Railcorp (OTC Markets Group: 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.
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.
Contents
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)
- Shawnee Terminal Railway (STR)
- Vandalia Railroad (VRRC)
- West Michigan Railroad (WMI)
Mississippi Central Railroad
The Mississippi Central Railroad (reporting mark MSCI) name was resurrected in the northern part of the state by Pioneer Railcorp when it purchased the former Natchez Trace Railroad from Kyle Railways. The line runs from Oxford to Grand Junction, Tennessee, for a length of 51 miles.[1]
References
External links
Categories:- Companies listed on the Pink Sheets
- Pioneer Railcorp
- Companies based in Peoria, Illinois
- United States railroad holding companies
- Railway companies established in 1986
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