RailTex Vision For Excellence

We are a growing, international, rail-oriented, logistics company that is customer focused, locally managed and centrally supported.   We value quality of life, character, personal initiative, creativity, team work, and perseverance.  We are highly motivated, innovative, and multi-skilled.  We are trained to understand and empowered to rapidly respond to our customers' needs in a safe, effective, and efficient manner.  Our success in converting opportunities into realities benefits our co-workers, customers, shareholders, and the communities we serve.

Strategy

RailTex’s strategy is to grow through (i) the creation of new business and improvement in operating performance of newly added and currently operated properties and (ii) additions to and divestitures from its portfolio of short line railroad properties, primarily through strategic acquisitions of Class I railroad branch lines or existing short line properties, and divestiture of non-strategic lines to smaller, independently operated short line companies.

Key Statistics

History

RailTex was incorporated in Texas in December 1977, and until 1984 its principal business was the short-term, full-service leasing and management of open top aggregate hopper railcars. In mid-1989, RailTex sold its railcar leasing assets, utilizing the sale proceeds to purchase additional short line railroad properties. Since the sale of its railcar leasing assets, the Company's sole business activity has been the operation of short line railroads.

Customer service: RailTex has consistently grown revenues by aggressively marketing and delivering convenient and cost effective service to meet its customers’ transportation needs. To this end, the Company works with its customers to assess their requirements, and then tailors its operations to increase the frequency and reliability of service.  RailTex's efforts to enhance customer service have generally resulted in increased traffic along it's lines.

Employee involvement: RailTex has developed a culture that encourages employees to take initiative and responsibility. The Company has active Employee Involvement programs which helps promote efficiencies at all levels of the organization. RailTex railroads benefit from a lower costs, flexible work environment that places a premium on innovation and service while always managing costs.

Management philosophy: The Company’s centrally supported and locally executed management philosophy has developed a culture that encourages employees to take initiative and responsibility. RailTex rewards productivity through its performance-based incentive compensation program.

Safety: Perhaps the most important element of the Company's operating strategy is its emphasis on conducting safe railroad operations for the benefit and protection of employees, customers and the communities served by the Company's railroads. All general managers and operations managers that transport hazardous material, undergo a week-long training course at the Hazardous Material Training Center operated by the Association of American Railroads. New transportation specialists attend intensive ten day training courses conducted by the Company which cover all aspects of safe and appropriate locomotive and railcar handling. In addition, prior to receiving locomotive engineer certification, transportation specialists attend a special one week training course conducted by the Company. The company also conducts safety inspections of each of its railroads. This basic training is supplemented at each railroad with field and classroom training and annual safety and rules tests, conducted by operating and safety training specialists who visit each railroad on a quarterly basis. Each employee involved in train operations is subject to pre-employment and random drug testing, whether or not required by federal regulation. In addition, personnel from each railroad conduct railroad/highway crossing safety education programs at schools, driver education courses and service clubs in communities where they serve.

RailTex Recognition and Awards