Keokuk Junction Railway

Edit links
Source: Wikipedia, the free encyclopedia.
Keokuk Junction Railway
Standard gauge
Length126 miles (203 km) operated + 15.5 miles (24.9 km) trackage rights[2]
Other
Websitepatriotrail.com/rail/keokuk-junction-railway-co-kjry/

The Keokuk Junction Railway Co. (

Class III railroad in the U.S. states of Illinois and Iowa.[3] It was formerly a subsidiary of Pioneer Railcorp,[2] but now operates as a subsidiary of Patriot Rail Company.[4]

History

The present company was incorporated in 1980 as the Keokuk Northern Real Estate Co.,[5] formed in May 1980 to purchase 4.5 miles (7.2 km) of Chicago, Rock Island and Pacific Railroad (CRI&P) yard trackage in Keokuk, Iowa.[6] In September 1981, the KJRY obtained the trackage, and they quickly commenced operations.[1][7] In December 1986, the KJRY purchased 28 miles (45 km) of trackage between Keokuk and La Harpe, Illinois, from the Santa Fe Railway,[1][6] formerly owned by the Toledo, Peoria and Western (TP&W).[5][7] The KJRY began serving a corn-processing plant in Keokuk owned by Roquette America, which became the railway's primary source of income.[7]

In 1995, when the Santa Fe merged with the

Southern Pacific (SP) in West Quincy, Missouri, but they were denied by the Interstate Commerce Commission (ICC).[7] In March 1996, the Surface Transportation Board (STB), the ICC's successor, approved Pioneer Railcorp's purchase of 66.62% of the KJRY's shares from majority shareholder John Warfield, making the KJRY their subsidiary.[6][8]

The KJRY subsequently expanded their operations with additional trackage acquisitions; in February 2005, they purchased the TP&W's 76-mile (122 km) western section between La Harpe to Peoria, Illinois; in December 2011, the KJRY purchased 12.1 miles (19.5 km) of trackage between La Harpe and Lomax, Illinois, and they were granted trackage rights between Lomax and Fort Madison, Iowa.[1][6] On July 31, 2019, Brookhaven Rail Partners acquired Pioneer Railcorp, gaining ownership of the KJRY in the process.[9]

Connections

References

  1. ^ a b c d "Keokuk Junction Railway Company KJRY #365". Short Line Railroad Directory. Union Pacific. Retrieved 14 March 2022.
  2. ^
    Pioneer Railcorp
    . Retrieved 2013-10-04.
  3. ^ Surface Transportation Board Decision, STB Finance Docket No. 34397: Keokuk Junction Railway Company–Alternative Rail Service–Line of Toledo, Peoria and Western Railway Corporation, decided October 31, 2003, page 1
  4. ^ "Keokuk Junction Railway (KJRY)". Patriot Rail Company. Retrieved 2024-08-18.
  5. ^
    Securities and Exchange Commission
    . Retrieved 2013-10-04.
  6. ^ a b c d "Keokuk Junction Railroad Co. (KJRY)" (PDF). Rail Transportation Bureau, Iowa Department of Transportation. Retrieved 14 March 2022.
  7. ^ a b c d "Meanwhile, on the KJ". Trains. Vol. 57, no. 3. Kalmbach Publishing. March 1997. p. 60. Retrieved November 8, 2024.
  8. ^ Williams, Vernon (1996-03-26). "Pioneer Railcorp; Acquisition of Control Exemption; KNRECO, Inc., d/b/a/ Keokuk Junction Railway" (PDF). Federal Register. 61 (59) – via GovInfo.
  9. Pioneer Railcorp
    . 2019-07-31. Archived from the original on 2020-11-23.
Wikimedia Commons has media related to Keokuk Junction Railway.
Retrieved from "https://en.wikipedia.org/w/index.php?title=Keokuk_Junction_Railway&oldid=1260516229"