It is said the express business originated around Boston, Massachusetts in 1835.
The earliest ancestry of what eventually became the Railway Express Agency was launched by William Harnden a few years later.
In all, 86 Class I's bought a controlling interest.
Its growth was sparked partially by the expanding railroads, which could complete trips at previously unheard of speeds.
to acquire ARE with which the railroads opened contracts on February 28, 1929.
For any railroad wanting stakes in the new operation it had to purchase at least one share of stock totaling 1,000 shares.
One of its first tasks was to adopt a new livery, deciding on a deep green and red scheme in 1921.
The ARE tenure as an independent company was short-lived.