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Genesee and Wyoming
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STB approves GWI acquisition of P&W
The Surface Transportation Board on Dec. 15, 2016 granted Genesee & Wyoming Inc. authority to acquire control of Providence & Worcester Railroad Co.
Genesee & Wyoming developments into Australia
Genesee & Wyoming's Australia (GWA) subsidiary has entered into agreements to acquire Glencore Rail (GRail) for $A 1.14bn ($US 870m) and will also issue a 49% equity stake in GWA…
GWI moves to acquire P&W
Add regional Providence & Worcester Railroad Co. (P&W) to Genesee & Wyoming Inc.’s growing stable of Class II and III carriers. GWI announced Aug. 15, 2016 that it plans to…
Jason Seidl: G&W positioning itself well for 2016
Despite a strong U.S. dollar, lower commodity prices and fewer coal shipments, Genesee & Wyoming Inc. on Feb. 10, 2016 reported a 2015 fourth-quarter revenue of $514.9 million, an increase…
Rail Insights, presented by Railway Age
June 7 & 8, 2017 | Union League Club of Chicago | Chicago, IL Explore the Challenges, Issues, and Trends Affecting the North American Rail Market Railway Age's…
Yoho visists Balfour Beatty Rail
On Nov. 12, 2015, Railway Engineering-Maintenance Suppliers Association (REMSA) member Balfour Beatty Rail hosted Congressman Ted Yoho (R-Fla.) for a tour of its Jacksonville, Fla., facility and discussed public policy…
Pioneer Railroad Services hires new VP of Business Development
Pioneer Railroad Services, Inc., a subsidiary of Pioneer Railcorp, announced Oct. 6, 2015, that Dale Montgomery has joined the Pioneer Lines team effective October 1. Montgomery will assume the role…
G&W’s Powell off to Saudi Arabia
David L. Powell, Vice President Motive Power for Genesee & Wyoming, has accepted a two-year assignment effective Sept. 1, 2015 as Director of Rolling Stock for Saudi Arabia Railway Co.…
ASLRRA appoints G&W's David Collins to Executive Committee
The American Short Line and Regional Railroad Association (ASLRRA) has appointed David Collins, Senior Vice President of Commercial Support, Genesee & Wyoming Railroad Services, Inc. (G&W) to its eleven member…
Lowering the bar one more time: Jason H. Seidl
“We are lowering earnings expectations for most railroads to reflect traffic results,” says Cowen and Company Managing Director and Railway Age Wall Street Contributing Editor Jason Seidl, regarding upcoming second-quarter…
John Harrison Marino Sr., 1939-2015
John Harrison Marino Sr., 76, career railroader, professional engineer and co-founder of RailAmerica, died May 19, 2015, at home.
Siskiyou rail line set to reopen
Construction is under way on the first of three phases to upgrade the CORP (Central Oregon & Pacific) Siskiyou rail line; work will begin this spring and summer to reopen…
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.
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