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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 |
