Genesee & Wyoming

Genesee & Wyoming

Genesee & Wyoming Inc. is a major owner of short line and regional railroads in North America with significant operations in Australia and a presence in Europe as well.

For much of its history, Genesee & Wyoming was a 14-mile railroad serving a single customer in western New York, hauling salt from the mine in Retsof, N.Y., south of Rochester. A holding company, Genesee & Wyoming Industries, was formed in 1977, and the existing railroad company was merged into it. After deregulation of the U.S. railroad industry by the Staggers Act, G&W acquired a number of U.S. lines, including trackage spun off by CSX Transportation in western Pennsylvania and New York and operated by G&W’s Rochester & Southern and Buffalo & Pittsburgh Railroads. The company changed its name to Genesee & Wyoming Inc. and went public in June 1996. Subsequent acquisitions have expanded the company’s reach to Europe and Australia, where in 2009 it acquired the 1,400-mile Tarcoola-Darwin line. In 2012, G&W purchased competitor RailAmerica in 2012, adding significantly to its short line and regional railroad holdings.

25 Feb 2015
Genesse & Wyoming has agreed to acquire 95 percent of the shares of Freightliner, the UK’s second largest rail freight company, in a £490 million ($760 million) deal that significantly expands the US rail operator’s European footprint.
06 Jan 2015
International rail operator Genesee & Wyoming is expanding its footprint in the central U.S. by acquiring three short line railroads for about $40 million.
Intermodal train
22 Aug 2014
The U.S. rail regulatory agency is asking the seven major U.S. and Canadian railroads, along with short lines, to explain how they will handle the expected surge of intermodal traffic, noting the situation has been “challenging.”