Rail Management Corporation
- Rail Management Corporation
Rail Management Corporation (RMC), based in Panama City Beach, Florida, is a holding company of short line railroads in the southeastern United States.
History
On May 26, 2005, Genesee and Wyoming (G&W) announced that it has agreed to purchase RMC's railroad operations. G&W will pay $243 million in cash and assume $1.7 million in company debt to gain control of 14 short line railroads from RMC across the southeastern United States, as of June 1, 2005.
Holdings
RMC holds controlling interests in the following railroads:
*AN Railway
*Atlantic and Western Railway
*Bay Line Railroad
*Copper Basin Railway
*East Tennessee Railway
*Galveston Railroad
*Georgia Central Railway
*KWT Railway
*Little Rock and Western Railway
*Meridian & Bigbee Railroad
*Tomahawk Railway
*Valdosta Railway
*Western Kentucky Railway
*Wilmington Terminal Railroad
References
* Genesee and Wyoming, Inc. (May 26, 2005), " [http://www.gwrr.com/features/gwi_aquisition05262005.html Genesee & Wyoming Announces Agreement to Acquire Short Line and Port Railroads from Rail Management Corporation] ". Retrieved May 27, 2005.
* Trains News Wire (May 26, 2005), " [http://www.trains.com/Content/Dynamic/Articles/000/000/005/949ntchy.asp G&W to acquire Rail Management Corp. rail operations] ". Retrieved May 27, 2005.
Wikimedia Foundation.
2010.
Look at other dictionaries:
Rail Infrastructure Corporation — The Rail Infrastructure Corporation (RIC) is a New South Wales government owned corporation with responsibility for the management of the railway network in rural New South Wales, Australia.The RIC is answerable to its two shareholders, State… … Wikipedia
Rail Development Corporation — Die Railroad Development Corporation (RDC) ist ein US amerikanisches Unternehmen zum Betrieb von Eisenbahnen weltweit. Sitz des Unternehmens ist Pittsburgh. Zu den Geschäftsfeldern gehört auch die Unterstützung bei der Privatisierung staatlicher… … Deutsch Wikipedia
Metro Rail Transit Corporation — The Metrostar Express Logo of the MRTC The Metro Rail Transit Corporation is a private consortium respon … Wikipedia
South African Rail Commuter Corporation — Infobox Company company name = South African Rail Commuter Corporation company company type = State owned enterprise SOE company slogan = foundation = 1990 location = flagicon|RSA Johannesburg key people = Zukile Nomvete, Chairman Tshepo Montana … Wikipedia
Rail transport in Victoria — Infobox rail railroad name = Railways of Victoria logo filename = logo size = system map caption = Victorian railway network, passenger lines in colour, freight only lines in grey marks = locale = Victoria, Australia start year = 1854 end year =… … Wikipedia
2005 in rail transport — yearbox in?=in rail transport cp=20th century c=21st century cf=22nd century yp1=2002 yp2=2003 yp3=2004 year=2005 ya1=2006 ya2=2007 ya3=2008 dp3=1970s dp2=1980s dp1=1990s d=2000s da=0 dn1=2010s dn2=2020s dn3=2030s|Events January events : Main… … Wikipedia
May 2005 in rail transport — 2004, 2005, 2006 2004 in rail transport 2005 in rail transport 2006 in rail transport This article lists events related to rail transport that occurred in May 2005. Contents 1 Events … Wikipedia
June 2005 in rail transport — June events June 1 ndash; June 4 ; June 1:* flagicon|United States Genesee and Wyoming takes ownership and begins operations of 14 railroads from Rail Management Corporation. [http://www.gwrr.com/features/gwi aquisition05262005.html] :*… … Wikipedia
1994 in rail transport — EventsJanuary events* January 1 Rail Management Corporation takes over operations of the Atlanta and St. Andrews Bay Railroad. * January 1 Railroad Services, Inc. takes over operations of the now 5 year old Abbeville Grimes Railway, renaming it… … Wikipedia
Rail transport in Central America — consists of several isolated railroad lines with freight or passenger service. The most famous one is Panama Canal Railway Company, the oldest transcontinental railroad in the world, connecting Panama City with Colón since 1855. Other railroads… … Wikipedia
