Keokuk Junction Railway

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Template:Short description Script error: No such module "Infobox".Template:Template otherScript error: No such module "Check for unknown parameters".Script error: No such module "Check for clobbered parameters". The Keokuk Junction Railway Co. (reporting mark KJRY), is a Class III railroad in the U.S. states of Illinois and Iowa.[1] It was formerly a subsidiary of Pioneer Railcorp,[2] but now operates as a subsidiary of Patriot Rail Company.[3]

History

The present company was incorporated in 1980 as the Keokuk Northern Real Estate Co.,[4] formed in May 1980 to purchase Script error: No such module "convert". of Chicago, Rock Island and Pacific Railroad (CRI&P) yard trackage in Keokuk, Iowa.[5] In September 1981, the KJRY obtained the trackage, and they quickly commenced operations.[6][7] In December 1986, the KJRY purchased Script error: No such module "convert". of trackage between Keokuk and La Harpe, Illinois, from the Santa Fe Railway,[6][5] formerly owned by the Toledo, Peoria and Western (TP&W).[4][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 Burlington Northern Railroad (BN) to create BNSF, the KJRY requested trackage rights over BNSF to interchange with Norfolk Southern (NS) in Hannibal, Missouri, and 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.[5][8]

The KJRY subsequently expanded their operations with additional trackage acquisitions; in February 2005, they purchased the TP&W's Script error: No such module "convert". western section between La Harpe to Peoria, Illinois; in December 2011, the KJRY purchased Script error: No such module "convert". of trackage between La Harpe and Lomax, Illinois, and they were granted trackage rights between Lomax and Fort Madison, Iowa.[6][5] On July 31, 2019, Brookhaven Rail Partners acquired Pioneer Railcorp, gaining ownership of the KJRY in the process.[9]

Connections

References

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  1. 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
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External links

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  • Script error: No such module "Official website".Script error: No such module "Check for unknown parameters".
  • A Tribute to the Keokuk Junction Railway — information about the KJRY prior to 1996 purchase

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