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Genesee and Wyoming
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G&W concludes Freightliner acquisition
Genesee & Wyoming Inc. on March 25, 2015 completed the acquisition of approximately 94% of Britain’s Freightliner Group Ltd. for approximately US$733 million (at current exchange rates), plus the assumption…
Genesee & Wyoming to acquire Freightliner
Darien, Conn.-based Genesee & Wyoming announced Tuesday, Feb. 24, 2015, that it has agreed to acquire a 95% stake in Britain's Freightliner Group from Arcapita and other shareholders for $755 million…
Good fourth-quarter numbers for G&W
Genesee & Wyoming Inc. on Tuesday, Feb. 10, 2015 reported improved fourth-quarter earnings and revenue, helping the company's full-year results recover from what it called a "slow start to 2014…
GWI acquires Arkansas short lines
Genesee & Wyoming Inc. (GWI) late Wednesday, Nov. 19, 2014 announced it "has signed an agreement with Pinsly Railroad Company of Westfield, Mass., to acquire certain subsidiaries that constitute Pinsly's…
GWI 3Q earnings and revenue rise
Darien, Conn.-based Genesee & Wyoming, Inc. on Friday, Oct. 31, 2014 reported third-quarter net income of $72.9 million, compared with net income of $66.2 million in the third quarter of…
Genesee & Wyoming notches record 2Q traffic
Genesee & Wyoming, Inc. said Monday, July 14, 2014 its second-quarter traffic rose 6.0% measured against the comparable quarter in 2013. Same-railroad traffic was up 5.0% for the quarter.
Newest GWI short line debuts
Genesee & Wyoming Inc.'s newest rail subsidiary, Rapid City, Pierre & Eastern Railroad, Inc. (RCP&E), began operations Sunday, June 1, 2014, as Canadian Pacific completed the sale of the line,…
Room for more freight in San Diego?
San Diego’s potential is huge, provided the region’s short lines and port can secure critical state and local funding.
CP to sell DM&E right-of-way to GWI
Canadian Pacific and Genesee & Wyoming, Inc., in a joint announcement Thursday, Jan. 2, 2014, said they had "executed an agreement pursuant to which CP will sell the west end…
GWI marks gains in October traffic
Darien, Conn.-based Genesee & Wyoming said Monday, Nov. 11, 2013 its October traffic volume rose 104.2% compared with its comparable traffic one year ago, and up 6.3% from October 2012…
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