Articles from Genesee & Wyoming Inc.

Genesee & Wyoming Inc. (G&W) today announced its latest industrial development results – with 44 projects accounting for more than $1 billion in customer investments in 16 states. The projects are expected to generate more than 700 jobs in communities along G&W’s U.S. freight railroads and add more than 82,000 carloads to the rail industry.

Genesee & Wyoming Inc. (G&W) today announced that its previously proposed transaction to partner with Grupo México Transportes (GMXT) as owners of CG Railway, LLC closed on September 30, 2024. As part of this transaction, G&W now independently owns Central Gulf Railcar Services (CGRS), a railcar repair shop located in Mobile, Alabama.

Genesee & Wyoming Inc. (G&W) today announced that Arielle Giordano has joined the company as Vice President of Government & Industry Affairs for its U.S. operations, based in Washington, D.C., and reporting to Matt Walsh, G&W’s Executive Vice President of Corporate Development.

Genesee & Wyoming Inc. (G&W) has issued its latest Environmental, Social and Governance (ESG) Report, summarizing the company’s initiatives for full-year 2022.

Genesee & Wyoming Inc. (G&W) is pleased to welcome Grupo México Transportes (GMXT) as a new partner in its CG Railway, LLC (CGR) joint venture, pending receipt of regulatory approvals for their purchase of equity interests in CGR.

Genesee & Wyoming Inc. (G&W) today announced that its railcar switching subsidiary, Rail Link, Inc., has secured five new contracts across the U.S. since September.

Genesee & Wyoming Inc. (G&W) announced that, effective today, it has entered into a partnership with CN involving G&W’s Cape Breton & Central Nova Scotia Railway (CBNS). Under this partnership, CN will acquire a stake in CBNS and manage interline movements for customers, while a G&W subsidiary will continue to operate the CBNS line from Truro to Point Tupper, Nova Scotia.

Georgia Central Railway, L.P. (GC) and Heart of Georgia Railroad, Inc. (HOG), subsidiaries of Genesee & Wyoming Inc. (G&W), today filed a petition with the Federal Railroad Administration (FRA) to pilot new zero-emission rail-freight technology from Parallel Systems on portions of their rail lines.

After 16 years as Chief Executive Officer of Genesee & Wyoming Inc. (G&W), Jack Hellmann has been named Executive Chairman of both G&W’s North America and UK/Europe Boards of Directors, effective September 1. At the same time, Mr. Hellmann will be appointed Vice Chair of Brookfield Infrastructure, which is the controlling shareholder of G&W.

Georgia Central Railway, L.P., a subsidiary of Genesee & Wyoming Inc. (G&W), today announced that it will serve a new, dedicated electric vehicle (EV) and battery-manufacturing facility in Bryan County, Georgia, for Hyundai Motor Group. The $5.5 billion project is scheduled to begin commercial production in the first half of 2025, with the Georgia Central providing rail transportation of inbound materials to support production as well as outbound finished vehicles to markets across the U.S.

Genesee & Wyoming Inc. (G&W) today announced 2021 industrial development results, with 69 projects accounting for $1.5 billion in customer investments expected to generate more than 1,000 new jobs in communities served by the company’s 103 U.S. freight railroads.

The U.S. Department of Transportation has awarded a Rebuilding American Infrastructure with Sustainability and Equity (RAISE) grant of $22 million for the South Dakota Freight Capacity Expansion Project, which will complete upgrades to 163 miles of main line on the Rapid City, Pierre & Eastern Railroad, Inc. (RCP&E), from Fort Pierre to Rapid City. The project is also supported by $20 million in funds from the State of South Dakota as well as a $42 million commitment from RCP&E.

CG Railway, LLC (CGR), a joint venture between Genesee & Wyoming Inc. and SEACOR Holdings Inc., today announced that its new, state-of-the-art rail ferry, the Cherokee, completed its maiden roundtrip voyage with record results for transportation speed and railcar volumes.

Genesee & Wyoming Inc. (G&W) today announced its newly formed subsidiary, Ivory Choice Terminal Co. (ICTC), has acquired the facility formerly known as the Port of Ivory. ICTC is a subsidiary of Rail Link, G&W’s contract rail and related services division, and will be operated as a G&W Choice Terminal™ bulk transfer facility.

Genesee & Wyoming Inc. (G&W) today announced its subsidiary Savannah Port Terminal Railroad, Inc. (SAPT) has broadened its long-term rail services agreement with the Georgia Ports Authority (GPA) to include GPA’s new Mason Mega Rail Terminal.