Railmark Holdings
| Company type | Public |
|---|---|
| Industry | Rail transport |
| Founded | 1998 |
| Founder | B. Allen Brown |
Area served | United States, international (18 countries) |
Key people | B. Allen Brown (President and CEO) |
| Products | Railroad operations, track construction and maintenance, rail freight logistics, rail development, mechanical support, environmentally friendly rail lubricants |
Railmark Holdings, Inc. is a holding company within the American rail sector, with subsidiaries delivering services spanning railroad operations, track construction and upkeep, rail freight logistics, rail development, and mechanical support. Established in 1998 by B. Allen Brown, who continues to serve as President and CEO, Railmark conducts most of its business in the United States and has international experience across eighteen countries.
The company's operations are divided into five main areas: railroad operations, rail logistics, track construction and maintenance, railcar services, and rail development. Its active subsidiaries include Railmark Track Works, Rail Freight Solutions, Railmark Transit Services, and Railmark Railcar Services. Railmark Transit Services targets the light rail and regional rail sectors. Previously owned subsidiaries comprised Michigan Air-Line Railway and Rail Entertainment USA.
Railmark Track Works manufactures environmentally friendly rail curve and switch plate lubricants under the Ultralube label, utilizing biodegradable ingredients derived from renewable U.S. crop oils. The RAILheat product employs energy-saving Far Infrared (FIR) technology designed to prevent freezing issues in railroad equipment. Both product lines meet EPA Environmental Preferable Purchasing standards.
Rail Entertainment USA formerly operated the Star Clipper Dinner Train—the first dinner train in the United States since 1986—along with other scenic rail excursions in Michigan’s Oakland County. This dinner train service was discontinued on December 31, 2008.
In November 2009, Railmark divested Michigan Air-Line Railway to Browner Turnout, a company based in Nebraska. August 2014 marked a merger between Railmark and Train Travel Holdings (TTHX), resulting in increased capital availability as a publicly traded entity while broadening TTHX’s shareholder base within the railroad industry.
In January 2017, Railmark expanded its holdings by acquiring Yreka Western Railroad, which operates in Siskiyou County, California.