The Rail Pulse platform will help shippers, car owners/lessors and railroads better manage consists, incidents and maintenance.

Monitoring North America’s Rail Pulse

Norfolk Southern, Genesee & Wyoming, Watco Companies, GATX Corp. and TrinityRail are developing a telematics platform for railcars to provide real-time car location and condition/health monitoring data. Called “Rail Pulse,” it will help shippers, car owners/lessors and railroads better manage consists, incidents and maintenance. Rollout is expected by year-end 2022.

SRF Selected for Wilmington Rail Realignment

The City of Wilmington, N.C., has selected Philadelphia-based Strategic Rail Finance to study the feasibility of its long-planned rail realignment project.

G&W to Implement PST Solutions

PS Technology (PST) announced that Genesee & Wyoming Inc. (G&W) will implement CrewPro Short Line™, a cloud-hosted, subscription-based railroad crew management and Hours-of-Service (HOS) system, and QualPro™, a qualification and training management solution, across its U.S. freight railroads.

G&W Completes $8.4B Sale With “Excellent Outcome”

Genesee & Wyoming (G&W) recently announced the completion of its $8.4 billion sale to affiliates of Brookfield Infrastructure and GIC.

G&W shuttering Huron Central

Genesee & Wyoming Canada (GWC) will cease operating Northern Ontario’s Huron Central Railway (HCRY) in early 2020 after failing to secure sufficient capital investment from the Ontario provincial and Canadian federal governments to keep the 172-mile line in northern Ontario open.

Brookfield, partners to acquire G&W for $8.4B

Brookfield Infrastructure Partners LP and Genesee & Wyoming, Inc. (G&W) have come to terms on an agreement for the latter to be acquired via an $8.4 billion transaction—including outstanding debt.

G&W absorbs 1Q2019 losses

Genesee & Wyoming (G&W) recently reported its 2019 first-quarter results, which show year-over-year declines in operating revenues, operating income and diluted EPS.

LIRC, RCPE accept Railway Age awards

The Louisville & Indiana Railroad (LIRC) and the Rapid City Pierre & Eastern accepted Railway Age’s annual Short Line & Regional Railroads of the Year Awards at the American Short Line and Regional Railroad Association (ASLRRA) CONNECTIONS Convention in Orlando, Fla., on April 9.

G&W exploring investor/ownership options

Genesee & Wyoming is considering a major change to its financial structure and ownership, and is exploring either taking on a strategic investment partner or an outright sale, according to a report from Bloomberg.

G&W looks to increased capex following strong 4Q18

Strong financials in Genesee & Wyoming’s North American Operations unit a more than offset weaker performance in the company’s Australian and U.K./European Operations. As well, the company expects to increase its capital program this year.