British American Railway Services

Last updated

British American Railway Services Ltd
TypeLimited company
IndustryRailways
PredecessorECT Rail Holdings
Founded2008
Defunct2020
Headquarters,
England
Area served
Great Britain
ServicesLocomotive hire
Parent Iowa Pacific Holdings

British American Railway Services (BARS) was a British locomotive and spot hire company. It was a subsidiary of Iowa Pacific Holdings.

The company was established in 2008 to acquire the rail assets of Ealing Community Transport. [1]

BARS subsidiaries included RMS Locotec, Hanson Traction, Weardale Railway and Dartmoor Railway. [2] BARS also owned Devon & Cornwall Railways which was active from 2011 until 2017. In January 2020 BARS announced that it intended to dispose of all its UK assets. [3]

Related Research Articles

Yukos 1993–2007 Russian oil and gas company

OJSC "Yukos Oil Company" was an oil and gas company based in Moscow, Russia. Yukos was acquired from the Russian government by Russian oligarch Mikhail Khodorkovsky's Bank Menatep during the controversial "loans for shares" auctions of the mid 1990s. Between 1996 and 2003 Yukos became one of the biggest and most successful Russian companies, producing 20% of Russia's oil output. In the 2004 Fortune 500, Yukos was ranked as the 359th -largest company in the world. In October 2003, Khodorkovsky—by then the richest man in Russia and 16th richest man in the world—was arrested, and the company was forcibly broken up for alleged unpaid taxes shortly after and declared bankrupt in August 2006. Courts in several countries later ruled that the real intent was to destroy Yukos and obtain its assets for the government, and act politically against Khodorkovsky. In 2014 the largest arbitration award in history, $50 billion (€37.2 billion), was won by Yukos' former owners against Russia. This $50 billion award by the Permanent Court of Arbitration was ruled invalid by the District court in The Hague in 2016, but reinstated by the Court of Appeal of the Hague in 2020.

RT Rail was a small British railway spot-hire company, a subsidiary of Ealing Community Transport (ECT), that specialised in Class 08 shunting locomotives. It was sold in 2008 to British American Railway Services along with ECT's other rail assets. It is now part of the locomotive hire division of their subsidiary company, RMS Locotec. Its fleet was available to hire to both industrial and railway operators. Customers included Bombardier Transportation at Ilford EMU Depot, Freightliner, First ScotRail at Inverness, and Silverlink. The company also owned two Class 73 locomotives, and a single Class 20 locomotive which was placed on loan to the Weardale Railway.

The Marconi Company was a British telecommunications and engineering company that did business under that name from 1963 to 1987. Its roots were in the Wireless Telegraph & Signal Company founded by Italian inventor Guglielmo Marconi in 1897, which underwent several changes in name after mergers and acquisitions. The company was a pioneer of wireless long distance communication and mass media broadcasting, eventually becoming one of the UK's most successful manufacturing companies. In 1999, its defence equipment manufacturing division, Marconi Electronic Systems, merged with British Aerospace (BAe) to form BAE Systems. In 2006, financial difficulties led to the collapse of the remaining company, with the bulk of the business acquired by the Swedish telecommunications company, Ericsson.

Weardale Railway

The Weardale Railway is an independently owned British single-track branch line heritage railway between Bishop Auckland, Witton-le-Wear, Wolsingham, Frosterley and Stanhope. Weardale Railway began services on 23 May 2010, but decided to run special trains rather than a scheduled service for the 2013 season. The line was purchased by The Auckland Project in 2020 with a view to re-starting passenger services. In 2021, a bid was submitted to the 'Restoring Your Railways fund. In October 2021 The UK Department for Transport allocated funding for the development of a Business Case

Witton-le-Wear Human settlement in England

Witton-le-Wear is a small village in County Durham, North East England. It is situated on the north bank of the River Wear, 6 km (3.7 mi) to the north-west of Bishop Auckland.

St. Lawrence and Hudson Railway

The St. Lawrence and Hudson Railway was a wholly owned subsidiary of the Canadian Pacific Railway.

Savage Alberta Railway

Savage Alberta Railway, known as Alberta RailNet between 1999 and 2005, was a Canadian short line railway that operated in the province of Alberta until late 2006.

The Sydney Coal Railway is a Canadian short-line railway operating in the eastern part of Cape Breton County, Nova Scotia.

Ealing Community Transport (ECT) is a London social enterprise which provides community transport in the Ealing, Milton Keynes, and Dorset areas. In the past it has also operated in the national rail industry. In 2008 the Group experienced severe trading difficulties which led to a team of corporate finance and restructuring experts from TLT Solicitors advising the ECT Group on a three phase restructuring including the refinancing of the business, the share sale of the recycling division and the share sale of its rail business. The 24 companies in the Group turning over more than £70million and employing 1,100 were reduced to just eight, focused solely on transport.

Bishop Auckland railway station Railway station in County Durham, England

Bishop Auckland is a railway station that serves the market town of Bishop Auckland in County Durham, North East England, 11 miles 77 chains (19.3 km) north-west of Darlington. The station is the Western terminus of the Tees Valley Line, which links it to Saltburn via Darlington. It is owned by Network Rail and managed by Northern Trains.

The Transport Holding Company (THC) was a British Government-owned company created by the Transport Act 1962 to administer a range of state-owned transport, travel and engineering companies that were previously managed by the British Transport Commission (BTC); it came into existence on 1 January 1963.

Toyohashi Railroad Railroad company in Japan

The Toyohashi Railroad is a private railroad company in Japan, and a subsidiary of the Meitetsu Group. The company or its lines are commonly known as Toyotetsu (豊鉄). The company operates the Atsumi Line train service on Atsumi Peninsula in Aichi Prefecture and a tram system in Toyohashi City, and has subsidiary operations involved in taxi and bus services.

ECT Mainline Rail was a British railway rolling stock hire and maintenance company.

The Canadian American Railroad was a railroad that operated between Brownville Junction, Maine and Lennoxville, Quebec. The railroad later expanded west to Farnham, Quebec and then St-Jean-sur-Richelieu, Quebec with running rights on Canadian Pacific Railway (CP) to Montreal, Quebec. CDAC was established in 1994 and operated as a railroad between 1995 and 2002. It was owned by transportation holding company Iron Road Railways.

RMS Looctec is a railway rolling stock maintenance company based in Wolsingham, England.

Iowa Pacific Holdings Railroad company (2001-2020)

Iowa Pacific Holdings was a holding company that owned railroad properties across North America and the United Kingdom, as well as providing services such as railcar repairs, leasing, management and consulting services to other operators. The company was founded in 2001 with headquarters in Chicago, Illinois.

DCRail (DCR), legal name Devon & Cornwall Railways Limited, is a British freight operating company, active from 2011. A private limited company, it receives financial support from Cappagh Contractors Construction (London) Limited.

Hownsgill Viaduct

The Hownsgill Viaduct is a former railway bridge located west of Consett in County Durham, England. It is currently used as a footpath and cycleway.

The Lanchester Valley Railway was an English railway line that was developed by the North Eastern Railway to run between Durham to Consett. Extending 12 miles (19 km) along the valley of the River Browney, it opened on 1 September 1862. Closed under the Beeching Axe, it has been redeveloped by Durham County Council as a foot and cycle path as the Lanchester Valley Railway Path.

Crook railway station served the town of Crook, County Durham, England. It was located on the Bishop Auckland and Weardale Railway line from Bishop Auckland to Blackhill between Wear Valley Junction and Tow Law, 17 miles (27 km) north west of Darlington.

References

  1. "A Brief History of ECT Charity" (PDF). ECT Charity. April 2016. Retrieved 1 January 2018.
  2. "Home".
  3. Weardale Railway put up for sale by its American owners