private industry railroad founded 2001 headquarters chicago illinois united states key people edwin e. ellis jr ceo products u.s.a. permian basin railways texas new mexico railroad west texas and lubbock railway chicago terminal railroad rio grande scenic railroad mount hood railroad saratoga and north creek railroad grenada railway u.k. dartmoor railway weardale railway revenue us 50 million number of employees 200 website http www.iowapacific.com iowa pacific holdings is a holding company that owns railroad properties across north america and the united kingdom as well as providing services such as railcar repairs and leasing and management and consulting services to other operators . 1 the company was founded in 2001 with headquarters in chicago illinois ; 1 the current ceo is edwin e. ellis jr. 1 holdings edit iowa pacific s north american freight services are operated by subsidiary permian basin railways which was formed in 2002 to operate the texas new mexico railroad and the west texas and lubbock railway ; 2 since then iowa pacific through permian basin has acquired the arizona eastern railway in 2004 3 sold september 1 2011 to genesee & wyoming inc. 4 the san luis & rio grande railroad in 2005 5 the chicago terminal railroad in 2006 6 and the mount hood railroad in 2008 . 7 in addition to freight operations iowa pacific operates several passenger train operations through north america . the rio grande scenic railroad began operations in 2006 8 the mount hood railroad which operates both freight and passenger services was purchased in 2008 7 the same year copper spike excursion train service began over arizona eastern trackage . 9 10 the saratoga and north creek railroad began operations in the summer of 2011 offering scheduled passenger rail service as opposed to excursion trains . 11 iowa pacific also fully owns the dartmoor railway and a controlling stake in the weardale railway both shortlines in the united kingdom that operate freight and passenger services ; iowa pacific purchased the companies in 2008 operating them under the name british american railway services . 12 in 2012 iowa pacific acquired three railroad operations during the year in april it acquired the texas state railroad an excursion train operating between palestine texas and rusk texas . in may it acquired operating rights on the santa cruz branch line between watsonville and davenport . the company established the santa cruz and monterey bay railroad to run freight and passenger services on the line supplementing the existing santa cruz big trees and pacific railway operations . 13 in november december 2012 scmb ran the train to christmas town a holiday train based on a story written by peggy ellis and illustrated by jeff lee video game artist . in october it purchased cape rail inc. a company that runs massachusetts coastal railroad and cape cod central railroad . 14 in february 2014 iowa pacific began test commercial runs of the eastern flyer a passenger train service between oklahoma city and tulsa . 15 in april 2015 iowa pacific announced a deal with the indiana department of transportation and amtrak to supply rolling stock and on board services personnel for the hoosier state which runs between chicago and indianapolis . 16 17 in may 2015 watco companies announced that it would purchase two iowa pacific subsidiaries the texas new mexico railroad and the west texas and lubbock railroad . 18 in september 2015 iowa pacific took over operations of the grenada railway in mississippi . 19 references edit a b c iowa pacific holdings llc . businessweek . archived from the original on 3 july 2011 . retrieved 1 august 2011 . permian basin railways . iowa pacific holdings official website . archived from the original on 31 july 2011 . retrieved 1 august 2011 . stb approves new line for arizona eastern . trains magazine . 25 june 2009 . retrieved 1 august 2011 . genesee & wyoming inc to acquire arizona eastern railway . rail.co . 2 august 2011 . archived from the original on 2 august 2011 . retrieved 3 august 2011 . san luis & rio grande railroad company slrg 416 . union pacific railroad . archived from the original on 31 july 2011 . retrieved 1 august 2011 . last run made on chicago s lakewood branch . trains magazine . 13 february 2007 . retrieved 1 august 2011 . a b permian basin railways buys oregon tourist freight hauler . trains magazine . 8 april 2011 . retrieved 1 august 2011 . rio grande scenic railroad . sangres.com . archived from the original on 31 july 2011 . retrieved 1 august 2011 . globe miami times & copper spike brings visitors . globe miami times . 3 december 2010 . archived from the original on 1 august 2011 . retrieved 1 august 2011 . passenger train arrives in miami az . globe miami times . 23 april 2010 . archived from the original on 1 august 2011 . retrieved 1 august 2011 . iowa pacific introduces intercity passenger rail service in new york . progressive railroading . 27 july 2011 . archived from the original on 1 august 2011 . retrieved 1 august 2011 . iowa pacific buys british railroads contractor . trains magazine . 23 september 2008 . retrieved 1 august 2011 . iowa pacific chosen to operate rail line ; unanimous vote should lead to passenger service bowen douglas 23 october 2012 . iowa pacific acquires cape rail inc . railway age . retrieved 17 february 2013 . eastern flyer train from sapulpa to oklahoma city sells out all three trips tulsa world jan. 9 2014 http www.tulsaworld.com business transportation eastern flyer train from sapulpa to oklahoma city sells out article 9948617a 794d 11e3 b906 001a4bcf6878.html short term deal keeps amtrak route between chicago and indianapolis open . chicago tribune . 6 april 2015 . chicago.suntimes.com business 7 71 520394 new operator big plans chicago indianapolis rail service watco to acquire two west texas short lines . progressive railroading . 22 may 2015 . retrieved 15 august 2015 . grenada railroad re opens for operation . trains magazine . 3 september 2015 . retrieved 4 september 2015 . retrieved from https en.wikipedia.org w index.php title iowa pacific holdings & oldid 743336711 categories companies based in chicagounited states railroad holding companies navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated changesupload filespecial pagespermanent linkpage informationwikidata itemcite this page print export create a bookdownload as pdfprintable version in other projects wikimedia commons languages deutsch edit links this page was last modified on 9 october 2016 at 04 58 . text is available under the creative commons attribution sharealike license ; 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