RailAmerica

Pacific West Names Peter Touesnard CEO

Retrieved on: 
Wednesday, February 2, 2022

Pacific West, LLC (Pacific West), a leading niche rail and industrial services business serving the western United States, named Peter Touesnard CEO.

Key Points: 
  • Pacific West, LLC (Pacific West), a leading niche rail and industrial services business serving the western United States, named Peter Touesnard CEO.
  • I am delighted to join the Pacific West team and lead a company with such a strong history of customers service, attention to detail and workmanship.
  • I share the passion of the Pacific West employees for serving their customers, maintaining a strong safety culture and growing the business at a time when public and private enterprise is strongly focused on needed infrastructure improvements, said Touesnard.
  • We are thrilled to work alongside Peter, pair him with Chief Operating Officer and co-owner Dustin Hall and collaborate to help Pacific West grow, said Josh Putterman, founding partner of Bluejay Capital.

Canadian Pacific, Kansas City Southern Receive Widespread Support for Creating First U.S.-Mexico-Canada Rail Network

Retrieved on: 
Thursday, April 1, 2021

In addition, the nations largest short-line holding railroad company, Genesee & Wyoming, has filed in support of the combination, as well as other short-line railroads.

Key Points: 
  • In addition, the nations largest short-line holding railroad company, Genesee & Wyoming, has filed in support of the combination, as well as other short-line railroads.
  • The single integrated rail system would also connect premier ports on the U.S. Gulf, Atlantic and Pacific coasts with key overseas markets.
  • While remaining the smallest of six U.S. Class 1 railroads by revenue, the combined company would be a much larger and more competitive network.
  • CP-IR
    Headquartered in Kansas City, Mo., Kansas City Southern (KCS) (NYSE: KSU) is a transportation holding company that has railroad investments in the U.S., Mexico and Panama.

Genesee & Wyoming Announces 2019 Industrial Development Results

Retrieved on: 
Wednesday, March 11, 2020

Genesee & Wyoming Inc. (G&W) today announced 2019 industrial development results, with customers investing $1.1 billion in new projects expected to generate more than 1,250 new jobs in communities served by its U.S. freight railroads.

Key Points: 
  • Genesee & Wyoming Inc. (G&W) today announced 2019 industrial development results, with customers investing $1.1 billion in new projects expected to generate more than 1,250 new jobs in communities served by its U.S. freight railroads.
  • View the full release here: https://www.businesswire.com/news/home/20200311005499/en/
    This 1.1 million-sq-ft plastics distribution center with 250 railcar spots on the Georgia Central Railway is among $1.1 billion in 2019 industrial development projects on Genesee & Wyoming freight railroads.
  • (Photo: Business Wire)
    Access to national and international markets is still the key to attracting new rail-served industrial development projects, said Mike Peters, G&W chief commercial officer.
  • The 2019 industrial development wins support commodities including grain, plastic pellets, lumber, paper, rock, and wind turbine components.

North Carolina & Virginia Railroad Achieves Capacity for 286,000-lb. Freight Cars

Retrieved on: 
Friday, November 1, 2019

Genesee & Wyoming Inc. (G&W)(NYSE:GWR) announced at a ribbon-cutting today that its subsidiary North Carolina & Virginia Railroad Company, LLC (NCVA), a 56-mile short line freight railroad operating between Boykins, Va., and Tunis, N.C., has upgraded its entire line to handle 286,000-lb.

Key Points: 
  • Genesee & Wyoming Inc. (G&W)(NYSE:GWR) announced at a ribbon-cutting today that its subsidiary North Carolina & Virginia Railroad Company, LLC (NCVA), a 56-mile short line freight railroad operating between Boykins, Va., and Tunis, N.C., has upgraded its entire line to handle 286,000-lb.
  • This was a great team effort that will provide long-term support for economic and job growth in Northeastern North Carolina.
  • This investment in the Northeastern North Carolina Rail Improvement Project will provide a much-needed economic boost and help to improve the quality of life for the residents of this Eastern North Carolina region.
  • North Carolina & Virginia Railroad Company, LLC, a subsidiary of Genesee & Wyoming Inc., transports freight including steel, soybeans, chemicals and fertilizer, interchanging with CSX at Boykins, Va.

Choice Terminal™ Bulk Transfer Facility Opens on G&W’s Georgia Southwestern Railroad

Retrieved on: 
Tuesday, August 13, 2019

Genesee & Wyoming Inc. (G&W)(NYSE:GWR) today announced the opening of a Choice Terminal bulk transfer facility on its Georgia Southwestern Railroad, Inc. (GSWR) subsidiary in Bainbridge.

Key Points: 
  • Genesee & Wyoming Inc. (G&W)(NYSE:GWR) today announced the opening of a Choice Terminal bulk transfer facility on its Georgia Southwestern Railroad, Inc. (GSWR) subsidiary in Bainbridge.
  • View the full release here: https://www.businesswire.com/news/home/20190813005604/en/
    Genesee & Wyoming Inc. today announced the opening of a Choice Terminal bulk transfer facility on its Georgia Southwestern Railroad subsidiary in Bainbridge, Ga. (Graphic: Business Wire)
    Operated by G&W railroads, Choice Terminals transfer bulk materials including agricultural products, aggregates, chemicals and lumber between railcars and trucks, providing customers who are not located directly on a railroad with the opportunity to reduce transportation costs by using rail rather than long-haul trucks.
  • Likewise, outbound bulk products can be transported to the terminal via truck for loading onto railcars to their final destinations.
  • GSWRs Choice Terminal is located on a 15-acre site with two tracks accommodating 19 total railcars and offers open-truck access.

Genesee & Wyoming Reports Traffic for April 2019

Retrieved on: 
Tuesday, May 14, 2019

The following highlights relate to U.K./European same railroad traffic:

Key Points: 
  • The following highlights relate to U.K./European same railroad traffic:
    Intermodal traffic decreased 2,229 carloads, or 3.9%, due to decreased shipments in the U.K.
    Petroleum products traffic increased 1,183 carloads due to new jet fuel shipments in the U.K.
    All remaining traffic decreased by a net 1,069 carloads.
  • Historically, G&W has found that traffic information may be indicative of freight revenues on its railroads.
  • Freight revenues are revenues for which G&W is paid on a per car, per container or per metric ton basis to move freight.
  • Traffic information may not be indicative of total operating revenues, operating expenses, operating income or net income.

Genesee & Wyoming to Present at Bank of America Merrill Lynch 2019 Transportation & Industrials Conference

Retrieved on: 
Thursday, May 2, 2019

First paragraph, first sentence of release should read:Genesee & Wyoming Inc. (G&W)(NYSE:GWR) Chairman and Chief Executive Officer Jack Hellmann will present at the Bank of America Merrill Lynch 2019 Transportation & Industrials Conference in Boston on Tuesday, May 14, 2019, at 11:20 a.m. EDT (instead of ...on Wednesday, May 14, 2019, at 11:20 a.m. EDT).

Key Points: 
  • First paragraph, first sentence of release should read:Genesee & Wyoming Inc. (G&W)(NYSE:GWR) Chairman and Chief Executive Officer Jack Hellmann will present at the Bank of America Merrill Lynch 2019 Transportation & Industrials Conference in Boston on Tuesday, May 14, 2019, at 11:20 a.m. EDT (instead of ...on Wednesday, May 14, 2019, at 11:20 a.m. EDT).
  • Genesee & Wyoming Inc. (G&W)(NYSE:GWR) Chairman and Chief Executive Officer Jack Hellmann will present at the Bank of America Merrill Lynch 2019 Transportation & Industrials Conference in Boston on Tuesday, May 14, 2019, at 11:20 a.m. EDT.
  • G&W owns or leases 120 freight railroads organized in eight locally managed operating regions with 8,000 employees serving 3,000 customers.
  • G&Ws Australia Region serves New South Wales, the Northern Territory and South Australia and operates the 1,400-mile Tarcoola-to-Darwin rail line.

Choice Terminal™ Bulk Transfer Facility Opens on G&W’s San Joaquin Valley Railroad

Retrieved on: 
Friday, April 26, 2019

Genesee & Wyoming Inc. (G&W)(NYSE:GWR) today announced the opening of a Choice Terminal bulk transfer facility on its San Joaquin Valley Railroad Co. (SJVR) subsidiary in Millux, Calif.

Key Points: 
  • Genesee & Wyoming Inc. (G&W)(NYSE:GWR) today announced the opening of a Choice Terminal bulk transfer facility on its San Joaquin Valley Railroad Co. (SJVR) subsidiary in Millux, Calif.
  • Customers can receive inbound, bulk raw materials via rail at the terminal, hold them on site and have them delivered via truck on a just-in-time basis.
  • Likewise, outbound bulk products can be transported to the terminal via truck for loading onto railcars to their final destinations.
  • The new SJVR Choice Terminal is located roughly 20 miles southwest of Bakersfield and close to Interstate 5.

Genesee & Wyoming to Present at Stifel Transportation & Logistics Conference

Retrieved on: 
Friday, February 1, 2019

Genesee & Wyoming Inc. (G&W)(NYSE:GWR) Chairman and Chief Executive Officer Jack Hellmann will present at the Stifel Transportation & Logistics Conference in Miami Beach, Fla., on Tuesday, Feb. 12, 2019, at 8:45 a.m. EST.

Key Points: 
  • Genesee & Wyoming Inc. (G&W)(NYSE:GWR) Chairman and Chief Executive Officer Jack Hellmann will present at the Stifel Transportation & Logistics Conference in Miami Beach, Fla., on Tuesday, Feb. 12, 2019, at 8:45 a.m. EST.
  • Interested investors may access Mr. Hellmann's presentation via live Internet webcast at www.gwrr.com/investors .
  • G&W owns or leases 120 freight railroads organized in nine locally managed operating regions with 8,000 employees serving 3,000 customers.
  • G&Ws Australia Region serves New South Wales, the Northern Territory and South Australia and operates the 1,400-mile Tarcoola-to-Darwin rail line.

Genesee & Wyoming Announces Q4 2018 Financial Release Conference Call and Webcast

Retrieved on: 
Tuesday, January 8, 2019

Genesee & Wyoming Inc. (G&W) (NYSE:GWR) announces the following conference call and webcast:

Key Points: 
  • Genesee & Wyoming Inc. (G&W) (NYSE:GWR) announces the following conference call and webcast:
    Conference Call Dial-In Numbers -- in U.S., call (800) 230-1085; outside U.S., call (612) 288-0329.
  • If you are unable to participate during the live conference call and webcast, the webcast will be archived at www.gwrr.com/investors until the next quarter.
  • Telephone replay is also available for 30 days beginning at 1 p.m. EST on Feb. 6 by dialing (800) 475-6701 (or outside U.S., dial 320-365-3844).
  • G&W owns or leases 120 freight railroads organized in nine locally managed operating regions with 8,000 employees serving 3,000 customers.