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.

05 May 2017
APM Terminals, the Maersk Group’s port arm, has completed the sale of Pentalver.
14 Dec 2016
APM Terminals has agreed to sell its UK container trucking and transport unit Pentalver to US railroad company Genesee & Wyoming.
15 Aug 2016
The move will help G&W, a railway highly dependent on now-slumping carload traffic, tap into an intermodal customer base via connections to Class I carriers moving cargo to and from the East Coast’s busiest port terminals in New York and New Jersey.
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.”
Rail switch
06 Feb 2014
Canadian Pacific Railway CEO and Director E. Hunter Harrison told investors last week that he expects rail consolidation among the largest North American railroads within six years, but the scenario he laid out was far bolder than what’s been swirling around the industry for years.
03 Jan 2014
Canadian Pacific Railway will sell the western end of its Dakota, Minnesota and Eastern line to Genesee & Wyoming for $210 million, the latest effort by the former to boost profitability by cutting non-core assets.
Genesee & Wyoming
04 Nov 2013
Genesee & Wyoming reported a net income of $66.2 million in the third quarter of 2013, compared with a net loss of $19.6 million in the same period last year.
Genesee & Wyoming traffic. Source: Genesee & Wyoming Inc.
13 Aug 2013
Genesee & Wyoming, a major owner of short line and regional railroads in North America with significant operations in Australia as well, saw more positive results in July, with its traffic increasing month-to-month, year-over-year, and pro forma from volume before the Rail America acquisition. Its 2013 numbers, when compared to 2012, show extremely large increases because of its acquisition of RailAmerica. However, July 2013’s volume still was higher than the combined total of G&W and RailAmerica’s separate numbers for July 2012 by 8.8 percent.
01 Aug 2013
Genesee & Wyoming reported its profit in the second quarter of 2013 was $65.1 million, versus $36.4 million in the second quarter of 2012.
Genesee & Wyoming traffic. Source: Genesee & Wyoming Inc
12 Jul 2013
Genesee & Wyoming, a major owner of short line and regional railroads in North America with significant operations in Australia as well, continued to experience year-over-year growth in June, although at a diminished rate compared to previous months. Its 2013 numbers, when compared to 2012, show extremely large increases because of its acquisition of RailAmerica. However, June 2013’s volume still stands higher than the combined total of G&W and RailAmerica’s separate numbers for June 2012.
Genesee & Wyoming Traffic. Source: Genesee & Wyoming Inc.
13 Jun 2013
Genesee & Wyoming, a major owner of short line and regional railroads in North America with significant operations in Australia as well, experienced a third straight month of growth in May 2013.
Genesee & Wyoming Traffic. Source: Genesee & Wyoming Inc.
13 May 2013
Genesee & Wyoming Inc., a major owner of short line and regional railroads in North America with significant operations in Australia as well, showed a second continuous month of growth in April 2013.
01 May 2013
Genesee & Wyoming Inc.
Genesee & Wyoming traffic
23 Apr 2013
Genesee & Wyoming Inc., a major owner of short line and regional railroads in North America with significant operations in Australia as well, showed growth in its March 2013 and first quarter numbers.
12 Mar 2013
Genesee & Wyoming has appointed Greg Pauline as managing director of Genesee & Wyoming Australia, its Australian branch.
13 Feb 2013
Genesee & Wyoming reported net income in the fourth quarter of 2012 was $13.4 million, dropping from $33.3 million in the fourth quarter of 2011.
21 Dec 2012
Short-line and regional railroad company Genesee & Wyoming said Thursday that the U.S. Surface Transportation Board has approved its application to control RailAmerica and that company’s railroads, effective Dec. 28, 2012.
05 Nov 2012
Short-line and regional freight railroad company Genesee & Wyoming today reported a net loss of $19.6 million in the third quarter, compared with net income of $32.9 million in the third quarter of 2011.
12 Oct 2012
Freight rail company Genesee & Wyoming reported September traffic of 79,239 carloads, down 5.2 percent year-over-year.
02 Oct 2012
Short-line and regional railroad operator Genesee & Wyoming Inc. announced yesterday that it has completed the acquisition of RailAmerica, Inc.
02 Aug 2012
Genesee & Wyoming profit jumped 17 percent year-over-year to $36.4 million, as higher fuel surcharges and improved operations helped the short-line railroad operator offset a 6.9 percent decline i
25 Jul 2012
RailAmerica, a short-line and regional holding company subject to an acquisition by Genesee & Wyoming, saw its profit jump 28.7 percent on 3.6 percent volume increase.
23 Jul 2012
Genesee & Wyoming is buying RailAmerica in a $1.4 billion deal that would combine the two largest short-line and regional railroad operators in North America.
13 Jan 2012
Short-line rail operator Genesee & Wyoming increased carloads 7.9 percent year-over-year in the fourth quarter, although traffic in December was up only 0.6 percent compared with December 2010, th
11 Nov 2011
Short-line rail operator Genesee & Wyoming increased carloads 14.2 percent in October, largely because of acquisitions and higher mineral and stone shipments.
01 Nov 2011
Genesee & Wyoming’s net profit jumped 32.6 percent to $32.9 million in the third quarter, as the
17 Oct 2011
Maersk Line and CSX Transportation signed a contract for the railroad to haul the Danish ocean carrier’s discretionary cargo from APM terminal in Portsmouth, Va., to the Midwest.
02 Aug 2011
Short line railroad owner Genesee & Wyoming signed an agreement to buy Arizona Eastern Railway from Iowa Pacific Holding for $90.1 million in cash.
28 Apr 2011
Genesee & Wyoming, the U.S. short line and regional rail company, will launch dedicated terminal shunting and feeder services in the port of Antwerp.
11 Feb 2011
Rail carload traffic increased 27 percent in January at short line and regional railroad operator Genesee & Wyoming, rising to 82,735 carloads.
16 Dec 2010
Double-stack trains will begin rolling next week along the new Commonwealth Railway Mainline, a secure, dual-purpose rail corridor that eliminates 14 at-grade crossings in Virginia.