IREDA, Inc. was founded in 1962 as a ship transport and freight company, and was taken over by the freight transportation company Gärtner in St. Pölten.
One of its main tasks was the representation of ship transport companies and the administration of their container depots in Austria.

In 1990 the company became independent again, and in the years to follow it was extended to a traditional shipping company by Helmut Koch and Jakob Bartos.
The field of activity was shifted from a ship transport company to a logistics provider. The main focus was put on the organization of the transportation chain as well as the planning and logistics of railroad shipping.

2006 saw the expansion to Hungary as well as the merger of IREDA with the Raaberlog corporation.
In 2009 Bernd Müller and Thomas Wanka took over as CEOs.

IREDA is now owned by the Austrian company Railroad Cargo Gmbh.