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Alabama & Gulf Coast Railway CBR train derails, explodes
A 90-car Alabama & Gulf Coast Railway CBR (crude by rail) train derailed and exploded in a rural area of western Alabama early on Friday, Nov. 8, 2013, leaving 26…
GWI posts 3Q profit
Genesee & Wyoming Inc. on Friday, Nov. 1, 2013, reported third-quarter earnings of $65.7 million, or $1.16 per diluted share, compared with a loss of $19.6 million, or 47 cents…
Genesee & Wyoming 2Q earnings shine
Genesee & Wyoming, Inc. early Thursday, Aug. 1, 2013, reported earnings of $65.1 million, or $1.14 per diluted share, for the second quarter of 2013, up from $36.4 million, or…
GWI marks good 2Q traffic volume
Greenwich, Conn.-based Genesee & Wyoming, Inc. early Friday said its second-quarter "same-railroad" volume had increased 6.5% compared with the second quarter of 2012 led in large measure by a surge…
Central Oregon & Pacific receives TIGER grant
The U.S. Department of Transportation, through the Federal Railroad Administration, has awarded a $7 million TIGER (Transportation Investment Generating Economic Recovery) grant to the State of Oregon to support a…
GWI marks 1Q earnings, new headquarters
Genesee & Wyoming, Inc. Wednesday reported first-quarter net income of $82.7 million, compared with net income of $22.2 million in the first quarter of 2012. Excluding the impact of certain…
GWI 1Q traffic gains
Genesee & Wyoming Inc. Thursday reported results for March and first-quarter traffic, in part based on comparing its current numbers to 2012 results as if its acquisition of RailAmerica were…
Talk about far-flung: Genesee & Wyoming, Inc. (GWI) is, as you read this, running freight trains in three continents and five countries across nearly 15,000 route-miles of track in three…
STB approves GWI, RailAmerica transaction
The Surface Transportation Board (STB) has approved Genesee & Wyoming Inc.’s application to control RailAmerica, Inc., and the RailAmerica railroads, effective Dec. 28, 2012.
GWI line signs pact to serve natgas liquids hub
Genesee & Wyoming Inc. said Monday that its wholly owned subsidiary, the Columbus & Ohio River Rail Road Co. (CUOH), has signed a long-term agreement to serve the $900 million…
GWI traffic declines in October
Greenwich, Conn.-based Genesee & Wyoming, Inc. Tuesday said freight traffic declined 4.8% in October compared with October 2011.
GWI completes RailAmerica acquisition
Genesee & Wyoming Inc. Monday said it has completed its acquisition of RailAmerica, Inc., and also "entered into a new five-year Senior Secured Credit Facility comprised of a $1.875 billion…
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