Railroaders without Borders: A History of the Railroad Development Corporation Review
- 4 years ago
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For over 25 years, the creatively-led Railroad Development Corporation (RDC) has rejuvenated a series of down-and-out and even defunct railroads. Launched in 1987 by the Henry Posner III, this investment and management company has demonstrated that it is possible both to have a conscience and to earn a profit in today?s railroad industry. With ventures on four continents, RDC has created an admirable record of long-term commitments, respect for local cultures, and protection of the public interest. H. Roger Grant presents a first-hand look at this unique business operation and its triumphs and disappointments.
For over 25 years, the creatively-led Railroad Development Corporation (RDC) has rejuvenated a series of down-and-out and even defunct railroads. Launched in 1987 by the Henry Posner III, this investment and management company has demonstrated that it is possible both to have a conscience and to earn a profit in today?s railroad industry. With ventures on four continents, RDC has created an admirable record of long-term commitments, respect for local cultures, and protection of the public interest. H. Roger Grant presents a first-hand look at this unique business operation and its triumphs and disappointments.