IAIS operates in the agro-industrial heartland of the U.S. Its main line runs between Chicago and Omaha, with a branch line to Peoria, connecting with each of North America’s seven Class I railroads, a number of short line railroads, and the Mississippi and Illinois River systems. IAIS’ customer base includes agriculture, construction, and consumer products. Key commodities transported include corn, soybeans, agricultural products such as ethanol and animal feed, construction stone, steel, sand and intermodal containers. IAIS was formed in 1984, with RDC acquiring a minority interest in 1991 and 100% ownership since 2004. Henry Posner III “Recognized as a leader in safety and growth, IAIS’ location and independence provide competitive options for its customers, and the railroad serves an important role in industrial development for its territory,” said RDC and IAIS Chairman Henry Posner III. “RDC’s business model is based on partnerships, a model that originates from the business acumen of my father, Henry Posner Jr. In this case, we are fortunate to have found a partner that shares our culture. Together, we are well-positioned to advance the interests of the customers and communities we serve, and the interests of our industry as part of one of the world’s great network businesses. IAIS will now increasingly serve as a platform for growth. This can take many forms, ranging from partnerships with other railroad companies to industrial development and investment in infrastructure such as intermodal facilities and river ports. We see in iCON a partner with a global reach and a focus on infrastructure, with resources that complement our own. We welcome iCON as a partner and appreciate this vote of confidence in our quest to earn the position of the most respected railway company in North America.”