Genesee & Wyoming Canada’s Huron Central Railway Inc. (HCRY) will receive a total of C$21 million for infrastructure rehabilitation from the governments of Canada and Ontario, which announced their investment on Jan. 10. The 173-mile short line in Northern Ontario will contribute C$10.5 million to the work.
Genesee & Wyoming
Genesee & Wyoming Inc. (GWI) on Dec. 21 filed a verified notice of exemption with the Surface Transportation Board (STB) to convert Chattahoochee Bay Railroad LLC, a Delaware Corporation, into Chattahoochee Bay Rail Railroad LLC (CHAT LLC), a Delaware liability company, which will result into CHAT merging with and into the Bay Line Railroad, L.L.C. (BAYL).
Canada-based RailVision Analytics, which was launched in 2020 with the objective of “helping the railway industry reduce its fuel consumption and lower greenhouse gas (GHG) emissions,” announced Nov. 30 that it has closed a $4 million seed funding round from investors to be used for technical hiring, growing the company’s development team, and expanding its product line and customer base.
RailPulse has an eighth member: Pittsburgh, Penn.-based railway investment and management company Railroad Development Corporation (RDC), which on Oct. 19 joined the coalition established in late 2020 to “develop, broaden and accelerate the use of GPS and other telematics technologies in North America’s freight rail industry.”
It might be short lines that deliver precisely scheduled service at the shipper’s dock—not necessarily the Class I carriers.
The Kansas Department of Transportation (KDOT) announced on Aug. 29 that it has committed $3.04 million to the City of Newton for a rail extension in the 225-acre-plus Kansas Logistics Park, an
Members of the Brotherhood of Locomotive Engineers and Trainmen (BLET) ratified on July 21 a new five-year on-property agreement that secures a general wage increase of 29% with the 154-mile short line
The North Carolina Railroad Company (NCRR) will invest $300,000 to help build rail infrastructure for Service Offsite Solutions’ new $11.8 million manufacturing facility in Sanford, N.C.; the company will be served by Atlantic and Western Railway (ATW).
Genesee & Wyoming, Inc. (G&W) customers invested $1.5 billion in industrial development along its 103 U.S. railroads in 2021.
Vermont Transportation Agency (VTrans) and Vermont Rail System (VRS) have reached a settlement agreement with CSX, Norfolk Southern (NS) and Genesee & Wyoming (GWI) that resolves their concerns about competition if CSX and Pan Am merge.