North American RailNet
North American RailNet, Inc., based in Bedford, Texas, was a holding company of short line railroads. It formerly owned the following:
| Company | Date | Notes |
| Savage [Alberta Railway|Alberta RailNet] | Sold 2005 to Savage Companies | |
| Camas Prairie RailNet | Sold 2004 to Watco | |
| Georgia and [Florida Railway |Georgia and Florida RailNet] | Sold 2005 to OmniTRAX | |
| Illinois RailNet | Sold 2005 to OmniTRAX | |
| Ripley and [New Albany Railroad|Mississippi and Tennessee RailNet] | Sold 2003 to Ironhorse Resources | |
| Nebraska [Kansas Colorado Railway|Nebraska, Kansas and Colorado RailNet] | Sold 2005 to OmniTRAX |