 | This article needs additional citations for verification. (September 2014) |
| Industry | Rail transport |
|---|---|
| Predecessor | Pioneer Railcorp |
| Founded | January 30, 1986[1] |
| Founder | Guy L. Brenkman[1] |
| Defunct | September 14, 2022 |
| Fate | Acquired by Patriot Rail Company |
| Successor | Patriot Rail Company |
| Headquarters | , United States |
| Website | pioneerlines |
Pioneer Lines (formerly Pioneer Railcorp)[2][3] was a holding company for a number of American short-line railroads. Other subsidiaries offered locomotive and freight car leasing to its own railroads and to third parties, and also freight car cleaning. Pioneer Lines also had interests in real estate and newsletter publishing.[4] It was previously owned by BRX Transportation Holdings starting in 2019.[5]
The company, originally named Pioneer Railroad Company, was founded on January 30, 1986 by Guy L. Brenkman.[1] 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.
On August 8, 2022 Patriot Rail Company announced its intention to acquire Pioneer Lines.[6] The company was acquired by Patriot Rail on September 14, 2022. [7]
- ^ a b c "Pioneer Lines Inc". Refinitiv. Retrieved 10 April 2022.
- ^ "New Name for Pioneer". Railway Age. Retrieved 6 May 2021.
- ^ "Pioneer Railcorp Announces Name Change to Pioneer Lines". Pioneer Lines. Retrieved 6 May 2021.
- ^ "Pioneer Lines - Services". Pioneer Lines. Retrieved 2 May 2021.
- ^ "BRX Transportation Holdings completes Pioneer Railcorp acquisition". Railway Technology. 1 August 2019. Retrieved 5 February 2022.
- ^ "Patriot Rail to Acquire Pioneer Lines". Railway Age. Retrieved 9 August 2022.
- ^ Patriot Rail Company (September 14, 2022). "Patriot Rail Completes Acquisition of Pioneer Lines". PR Newswire. Retrieved 2023-07-12.