RailAmerica, Inc., owns leading short line and regional railroads providing rail service to customers across North America. In 2008 RailAmerica relocated its Corporate Office to Jacksonville, Florida. The Company’s 40 affiliated railroads operate in 27 states and 3 Canadian provinces with approximately 7,500 miles of track.
RailAmerica’s objective is to provide local rail freight customers with services that facilitate the prompt pick-up and delivery of goods. RailAmerica’s properties haul major carload commodities such as coal, aggregate, grains, lumber and paper throughout the United States and Canada using Class 1 relationships to extend their customers’ reach to meet market demands. National customers enjoy the advantages of using RailAmerica’s local relationships to expand their businesses beyond the major distribution centers and into the local customers’ doors. ... More >>
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JACKSONVILLE, Fla., Feb 24, 2010 /PRNewswire via COMTEX/ -- Fourth Quarter Highlights
Operating income of $14.2 million, after $6.3 million expense related to initial public offering (IPO)(1).
Adjusted EBITDA(2) $33.5 million up 1% from fourth quarter 2008.
Net cash provided by operating activities of $4.4 million versus $6.9 million in fourth quarter 2008.
Strengthened balance sheet; year-end cash of $190.2 million.
RailAmerica, Inc. (NYSE: RA) today reported financial ...
JACKSONVILLE, Fla., Feb 23, 2010 /PRNewswire via COMTEX/ -- RailAmerica, Inc. (NYSE: RA) President and Chief Executive Officer, John Giles, will present at the J.P. Morgan Aviation, Transportation & Defense Conference in New York City on Wednesday, March 10, 2010 at 2:00 p.m. Eastern Time.
Interested investors may listen to the presentation via live webcast at the Investors section of the RailAmerica website (http://www.railamerica.com/). A webcast replay will be archived on the Compan...
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JACKSONVILLE, Fla., Feb. 10 /PRNewswire-FirstCall/ -- RailAmerica, Inc. ( RA) today reported that its total freight carloads for the month ended January 31, 2010 were 67,444, up 4.6% from 64,455 in January 2009. These results exclude the discontinued Ottawa Valley Railway (OVR) operation.
The Company had increased shipments in January 2010 in seven out of twelve commodity groups compared to January 2009. Much of the increase was due to shipments of Agricultural Product...
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WOODLAND, Calif. (Jan. 13, 2010) – The California Northern Railroad (CFNR), a RailAmerica Inc. (NYSE: RA) property, has converted its entire fleet to environmentally friendly locomotives with the addition of four new N-ViroMotiveÔ Gen-Set locomotives. The purchase of the ultra-low emitting, low-noise, fuel-efficient locomotives from National Railway Equipment Company was made possible by California’s Carl Moyer Memorial Air Quality Standards Attainment Program, which covered 85 per...
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RailAmerica 7411 Fullerton Street
Suite 300
Jacksonville, Florida 32256 USA
