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Pioneer
Railroad Equipment Co., Ltd. (PREL), formed on April 1, 1990, leases equipment to
the Company's subsidiary railroads and also leases railcars and locomotives to
unaffiliated third parties. PREL also earns
income from non-company railroads on its fleet of 1,264
railcars (as of December 31, 2004) when they carry freight on non-company railroads (AAR
reporting marks "PREX"). Contact
Joseph Evans for further information |
