| Genesee and Wyoming Inc | |
|---|---|
| Type | Public |
| Founded | 1899 |
| Founder | Edward Laton Fuller |
| Headquarters | Rochester, New York |
| Area served | United States, Canada, Mexico, Bolivia, Australia, Netherlands |
| Industry | Short line and regional railroad freight |
| Website | http://www.gwrr.com/ |
Genesee and Wyoming Inc is a freight railroad operator that owns or maintains interests in 47 railroads throughout six countries (the United States, Canada, Mexico, Bolivia, Australia, and Netherlands), and operates more than 5,700 miles (9,200 km) of owned and leased track, with an additional more than 3,500 miles (5,600 km) under track-access arrangements. A public company usually refers to a company that is permitted to offer its registered securities ( Stock, bonds, etc Year 1899 ( MDCCCXCIX) was a Common year starting on Sunday (link will display the full calendar of the Gregorian calendar (or a Common An entrepreneur is a person who has possession over a company enterprise, or Venture, and assumes significant accountability for the inherent risks and the outcome Rochester is a city in Monroe County, New York State, south of Lake Ontario in the United States. The United States of America —commonly referred to as the Country to "Dominion of Canada" or "Canadian Federation" or anything else please read the Talk Page The United Mexican States ( or commonly Mexico (ˈmɛksɪkoʊ () is a federal constitutional Republic in North America. The Republic of Bolivia (República de Bolivia) named after Simón Bolívar, is a Landlocked country in central South America. For a topic outline on this subject see List of basic Australia topics. The Netherlands ( Dutch:, ˈnedərlɑnt is the European part of the Kingdom of the Netherlands, which consists of the Netherlands the Netherlands For other uses of this term see Industry (disambiguation An industry (from Latin industrius, "diligent industrious" A website (alternatively web site or Web site, a back-construction from the Proper noun World Wide Web) is a collection of Web pages The United States of America —commonly referred to as the Country to "Dominion of Canada" or "Canadian Federation" or anything else please read the Talk Page The United Mexican States ( or commonly Mexico (ˈmɛksɪkoʊ () is a federal constitutional Republic in North America. The Republic of Bolivia (República de Bolivia) named after Simón Bolívar, is a Landlocked country in central South America. For a topic outline on this subject see List of basic Australia topics. The Netherlands ( Dutch:, ˈnedərlɑnt is the European part of the Kingdom of the Netherlands, which consists of the Netherlands the Netherlands [1] The company had its roots in the Class III Genesee and Wyoming Railroad (AAR reporting marks GNWR) began in 1894. A Class III railroad, as defined by the Surface Transportation Board, is a railroad with an annual operating Revenue of less than $20 million ( 1991 dollars Genesee and Wyoming Inc The Genesee and Wyoming Railroad was a Class III Short-line railroad which was operated by Genesee and Wyoming Inc (GWI A reporting mark is an identification assigned by the Association of American Railroads (AAR to rail carriers and other companies operating in North America.
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Genesee & Wyoming Inc. was founded more than a century ago as a single, 14. 5-mile (23. 3 km) railroad transporting salt from a family-owned mine in western New York. Salt is a Dietary mineral composed primarily of Sodium chloride that is essential for Animal life but toxic to most land plants Mining is the extraction of valuable Minerals or other geological materials from the earth usually (but not always from an Ore body New York ( is a state in the Mid-Atlantic and Northeastern regions of the United States and is the nation's third most populous The track was purchased by Edward Laton Fuller in 1899 and served to transport salt from Greigsville through Retsof to Caledonia. Retsof is an Unincorporated community ( hamlet) within the town of York in Livingston County New York, United States. Caledonia is a Town in Livingston County, New York, United States. Over time, the G&W connected with the Delaware, Lackawanna and Western Railroad, Lehigh Valley Railroad, Erie Railroad, New York Central Railroad and Buffalo, Rochester and Pittsburgh Railroad. The Delaware Lackawanna and Western Railroad Company ( DL&W or Lackawanna) was a Railroad connecting Pennsylvania 's Lackawanna Valley The Lehigh Valley Railroad was one of a number of railroads built in the northeastern United States primarily to haul Anthracite coal. The Erie Railroad was a Railroad that operated in New York State, New Jersey, Pennsylvania, Ohio, Indiana, and The New York Central Railroad, known simply as the New York Central in its publicity was a Railroad operating in the Northeastern United States.
Within ten years of Fuller's purchase, the G&W included a fledgling passenger division. It carried some 10,000 short tons (9,100 t) of local products annually, including hay, grain, apples, beans, cabbages and lumber to connecting lines, along with approximately 221,300 short tons (200,800 t) of salt. Hay is a generic term for grass or Legumes that have been cut dried and stored for use as animal feed, particularly for grazing animals like The apple is the pomaceous Fruit of the apple tree Species Malus domestica in the Rose family Rosaceae. Bean is a common name for large plant Seeds of several genera of the family Fabaceae (formerly Leguminosae used for human food or animal The cabbage ( Brassica oleracea var capitata) is a leafy garden plant of the Family Brassicaceae (or Cruciferae used as a Lumber or timber is Wood in any of its stages from felling through readiness for use as structural Material for Construction, or In 1910, the railroad brought in 1,500 short tons (1,400 t) of mining equipment along with 7,000 short tons (6,400 t) of coal and 1,470 short tons (1,330 t) of manufactured goods, including furniture, clothing, food and musical instruments for delivery to the Retsof Mining Company Store. Furniture is the Mass noun for the movable objects which may support the human body (seating furniture and beds, provide storage or hold objects on horizontal Clothing (also called clothes, accoutrements, accouterments, or habiliments) protects the Human body from extreme Weather Food is any substance usually composed primarily of Carbohydrates Fats water and/or Proteins that can be eaten or drunk by an A musical instrument is a device constructed or modified for the purpose of making Music.
In 1917, in the shadow of World War I, President Woodrow Wilson took control of some 800 short line railroads and 35,000 miles (56,000 km) of track in the U. World War I (abbreviated WWI; also known as the First World War, the Great War, and the War to End All Thomas Woodrow Wilson (December 28 1856—February 3 1924 was the twenty-eighth President of the United States. S. During the highly regulated years that followed, the G&W found itself hauling thousands of tons of salt for the war effort. It was used for salted meats during World War I and, during World War II, not only for food but also for use in rubber tires, iron ore, bleaching materials and anti-knock additives for gasoline. World War II, or the Second World War, (often abbreviated WWII) was a global military conflict which involved a majority of the world's nations, including This article is about tires used on road Vehicles including pneumatic tires and solid tires. Iron (ˈаɪɚn is a Chemical element with the symbol Fe (ferrum and Atomic number 26 An ore is a volume of rock containing components or Minerals in a mode of occurrence that renders it valuable for mining
By 1977, the Genesee and Wyoming had helped the International Salt Co. grow into a major corporation, with the Retsof Mine becoming the largest salt mine in the world. However, the railroad remained highly dependent on a single commodity and one primary shipper. In addition, the bankrupt Northeast rail system was facing a questionable future. The Northeast is a region of the United States. As defined by the U Many began to wonder if a rail system, which had been taken over by the USRA, could be returned to the private sector. The United States Railway Association was the Corporation created by Federal law that oversaw Conrail.
Mortimer B. Fuller III, the great-grandson of Edward L. Fuller, acquired control of the railroad, and a few years later Congress passed the Staggers Act of 1980. The United States Congress is the bicameral Legislature of the federal government of the United States of America, consisting of two houses The Act deregulated railroads and allowed them to dispose of routes they could not operate profitably, helping them restore their financial health. Acquiring these rail lines fit into Fuller's plan reduce Genesee and Wyoming's dependence on a single customer.
Between 1982 and 1996, Genesee and Wyoming acquired 14 railroads with operations in New York, Pennsylvania, Louisiana, Oregon and Illinois. New York ( is a state in the Mid-Atlantic and Northeastern regions of the United States and is the nation's third most populous The Commonwealth of Pennsylvania ( often colloquially referred to as PA (its abbreviation by natives and Northeasterners is a state located in the Northeastern The State of Louisiana ( or, État de Louisiane, pronounced) is a state located in the southern region of the United States of America Oregon ( is a state in the Pacific Northwest region of the United States. The State of Illinois ( roughly ill-i-NOY is a state of the United States of America, the 21st to be admitted to the Union. In 1996, the company added an industrial switching company that operated in more than a dozen states.
Many governments began stemming their losses in the operation of public utilities and railroads through privatization. Privatization is the incidence or process of transferring ownership of business from the Public sector (government to the Private sector (business For expertise, they turned to the United States which, along with Canada, had the only broad-based, private freight rail systems in the world. Country to "Dominion of Canada" or "Canadian Federation" or anything else please read the Talk Page Cargo (or freight) refers to goods or produce transported generally for Commercial gain by ship, aircraft, train, Through acquisitions and joint ventures, Genesee and Wyoming added railroads in Canada, Australia, Mexico and Bolivia. Country to "Dominion of Canada" or "Canadian Federation" or anything else please read the Talk Page For a topic outline on this subject see List of basic Australia topics. The United Mexican States ( or commonly Mexico (ˈmɛksɪkoʊ () is a federal constitutional Republic in North America. The Republic of Bolivia (República de Bolivia) named after Simón Bolívar, is a Landlocked country in central South America.
In July 2003, the Carolina Coastal Railway, operated by G&W subsidiary Rail Link, Inc. Carolina Coastal Railway is a Class III shortline railroad CLNA operates of line from Pinetown to Belhaven North Carolina , was sold to Main Line Rail Management, Inc.
On May 26, 2005, G&W announced that it has agreed to purchase the railroad operations of Rail Management Corporation (RMC). Events 451 - The Battle of Avarayr between Armenian rebels and the Sassanid Empire takes place Year 2005 ( MMV) was a Common year starting on Saturday (link displays full calendar of the Gregorian calendar. Rail Management Corporation (RMC based in Panama City Beach Florida, is a Holding company of Short line railroads in the southeastern United States G&W paid $243 million in cash and assume $1. The United States dollar ( sign: $; code: USD) is the unit of Currency of the United States; it has also been 7 million in company debt to gain control of 14 short line railroads from RMC across the southeastern United States, as of June 1, 2005. The United States of America —commonly referred to as the Events 193 - Roman Emperor Didius Julianus is Assassinated 987 - Hugh Capet is elected Year 2005 ( MMV) was a Common year starting on Saturday (link displays full calendar of the Gregorian calendar. [2][3]
As of the close of 2005, Genesee and Wyoming had 2,330 employees in North America.
That year, Hurricane Stan wiped out several miles of Genesee & Wyoming track in Mexico. Hurricane Stan was the eighteenth named In 2006, the Mexican government agreed to pay 75 percent of the rebuilding costs, or $15 million, to reconstruct the track.
On February 13, 2006, G&W announced that it has sold its 50% share in operations (the other 50% was owned by Wesfarmers Ltd.) of the Australian Railroad Group (ARG) in Western Australia to Queensland Rail (QR) and Babcock and Brown (B&B). Events 1258 - Baghdad falls to the Mongols, and the Abbasid Caliphate is destroyed Year 2006 ( MMVI) was a Common year starting on Sunday of the Gregorian calendar. Wesfarmers ( is one of Australia ’s largest public companies and Australia's largest retailer with its headquarters in Perth Western Australia. Australian Railroad Group (ARG is one of Australia 's largest private rail operators operating across almost 10000 kilometres of track and began operating in Western Western Australia is a state occupying the entire western third of the Australian continent. QR Limited is the company government-owned corporation responsible for the operation and maintenance of the railway system in the State of Queensland Babcock & Brown ( is a global investment and advisory firm based in Sydney Australia. The deal, valued at $974 million (A$1. The United States dollar ( sign: $; code: USD) is the unit of Currency of the United States; it has also been The Australian dollar ( sign: $; code: AUD) is the Currency of the Commonwealth of Australia, including Christmas 55 billion), splits the holdings between operations and infrastructure elements with QR purchasing the above-rail operations and B&B purchasing the below-rail infrastructure. In a concurrent deal, G&W purchased Westfarmer's share of ARG in South Australia for $15 million (A$22 million), which was renamed Genesee and Wyoming Australia Pty Ltd and is operated as a subsidiary company of G&W. South Australia is a state of Australia in the southern central part of the country Genesee and Wyoming Australia is an Australian rail freight operator based in Adelaide, South Australia. [4]
Also in 2006, Genesee & Wyoming elected to write off most of the value of its Bolivian operation, on fears that the Bolivian government would soon nationalize privately held railroads there. Nationalization, also spelled nationalisation, is the act of taking an industry or assets into the Public ownership of a national government
Rail Link, Inc. (AAR reporting marks RLIX), a subsidiary of Genesee & Wyoming Inc. A reporting mark is an identification assigned by the Association of American Railroads (AAR to rail carriers and other companies operating in North America. , provides industrial switching and related customer logistics services. Rail Link, headquartered in Jacksonville, Florida, serves industrial customers at 30 locations in 11 states and operates 26 short line railroads (including the Commonwealth Railway, Louisiana and Delta Railroad, and Yorkrail). The Commonwealth Railway Inc is a Class III short-line Railroad operating 16 Louisiana and Delta Railroad is a Short-line railroad headquartered in New Iberia Louisiana. The York Railway is a Class III railroad operating between York and Hanover Pennsylvania. Rail Link railroads serve 10 major U. S. ports.
The parent company, Genesee and Wyoming, Inc. , directly owns controlling interests in the following railroads:
Through their subsidiary Genesee and Wyoming Canada, Inc. The Buffalo and Pittsburgh Railroad is a Class II railroad operating in New York and Pennsylvania. The Republic of Bolivia (República de Bolivia) named after Simón Bolívar, is a Landlocked country in central South America. Ferrocarriles Chiapas-Mayab is a railroad in southeastern Mexico. The Portland and Western Railroad is a Class II railroad serving the U The Rochester and Southern Railroad ( AAR reporting mark RSR) a subsidiary of Genesee and Wyoming Inc The St Lawrence and Atlantic Railroad, known as St-Laurent & Atlantique Quebec in Canada, is a Short line Railroad operating between The South Buffalo Railway operates more than fifty miles of railway lines along the southeast shore of Lake Erie. The Tazewell & Peoria Railroad ( T&P) ( November 1, 2004 — Present is a Short-line railroad formed by Genesee & Wyoming to The Utah Railway is a Class III railroad operating in Utah and Colorado. , based in Montreal, Quebec:
Through their subsidiary GWI Australia Pty. Montreal, or Montréal in French ( pronounced in French, in English) is the largest city in the Canadian province of Quebec Huron Central Railway is a Canadian railway operating in northern Ontario. Les Chemins de fer Québec-Gatineau (CFQG in English the Quebec Gatineau Railway (QGRY is the former 450 km long Canadian Pacific Railway line between Les Chemins de fer Québec-Gatineau (CFQG in English the Quebec Gatineau Railway (QGRY is the former 450 km long Canadian Pacific Railway line between The St Lawrence and Atlantic Railroad, known as St-Laurent & Atlantique Quebec in Canada, is a Short line Railroad operating between Genesee and Wyoming Australia is an Australian rail freight operator based in Adelaide, South Australia. MCite/Citephp.--> Geelong (dʒəˈlɔŋ is the second largest city in the state For a topic outline on this subject see List of basic Australia topics. Ltd. Adelaide, South Australia:
Through their subsidiary Rail Link, Inc. Adelaide is the capital and most populous city of the Australian state of South Australia, and is the fifth largest city in Australia with a Genesee and Wyoming Australia is an Australian rail freight operator based in Adelaide, South Australia. , based in Jacksonville, Florida: