Alaska Railroad Corporation s motto is the best way to see Alaska is on the railroad. The company is a self sustaining, full-service railroad that serves ports and communities from the Gulf of Alaska to Fairbanks. It also maintains a railroad safety vision, which holds the belief that every accident or injury is preventable and that Alaska Railroad is capable of operating free of accidents and injuries. The Alaska Railroad Corporation also owns real estate holdings, with much devoted to right-of-way and railroad operations. 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. Alaska Railroad Corporation is located in Anchorage, Ala.