Alaska Railroad Corporation

State: 
Alaska

The ARRC is a self-sustaining, full-service railroad serving ports and communities from the Gulf of Alaska to the Interior of Alaska.

The ARRC is unlike any other State of Alaska agency. It is owned by the state, but is incorporated and run like a private business. The ARRC receives no operating funds from the state, nor are its employees state employees. Rather, the corporation and ARRC employees generate revenue through freight, passenger and real estate services to cover personnel, operations and maintenance expenses.

The ARRC generates revenue through real estate holdings, year-round passenger service and freight train service from Seward to Fairbanks-North Pole.

Owned by the State of Alaska since 1985, the Railroad is governed by a seven-member Board of Directors appointed by the Governor of Alaska.

Type of organization: 
Business/Industry
Scope: 
Statewide