Profile: Genesee & Wyoming Inc (GWR)
26 May 2017
Genesee & Wyoming Inc., incorporated on September 1, 1977, owns and operates freight railroads across the world. As of December 31, 2016, the Company owned or leased 122 freight railroads worldwide that are organized in 10 operating regions. The Company operates through three segments, which include North American Operations, Australian Operations and U.K./European Operations. In North America, the Company has operations in eight regions, such as Central, Coastal (which includes industrial switching and port operations), Midwest, Mountain West (which includes industrial switching operations), Northeast, Pacific, Southern and Canada. Outside the United States, the Company has operations in two regions: Australia and the United Kingdom/Europe (which consists of operations in the United Kingdom, Belgium, Germany, the Netherlands and Poland, as well as the provision of management and technical support through Freightliner to Saudi Arabia Railway Company).
As of December 31, 2016, the Company, through its subsidiaries, provided rail service at over 40 ports in North America, Australia and Europe and performed contract coal loading and railcar switching for industrial customers. Its railroads operated over approximately 15,900 miles of track that is owned, jointly owned or leased by the Company, which includes the Tarcoola to Darwin rail line, as of December 31, 2016. As of December 31, 2016, it also operated over approximately 6,200 additional miles of track that is owned or leased by others. The Company's railroads transport a range of commodities, such as agricultural products, chemicals and plastics, metals, metallic ores, coal and coke, minerals and stone, pulp and paper, intermodal, lumber and forest products, petroleum products, food and kindred products, autos and auto spare parts, waste, and other.
North American Operations
As of December 31, 2016, the Company's North American Operations segment included eight operating regions that served 41 states in the United States and four Canadian provinces. Its North American Operations segment included 115 short line and regional freight railroads with over 13,000 track-miles, as of December 31, 2016. As of December 31, 2016, the Company had 574 freight railroads in the United States operating over 138,400 miles of track. It operated two regional and 105 local (short line) railroads in the United States over approximately 15,500 miles of track, as of December 31, 2016. As of December 31, 2016, it operated eight local (short line) railroads in Canada over approximately 1,500 miles of track.
The Company's Australian Operations segment provides rail freight services in New South Wales, including in the Hunter Valley coal supply chain, the Northern Territory and South Australia, including operating the 1,400-mile Tarcoola-to-Darwin rail line. As of December 31, 2016, the Company, through its Australian subsidiaries, managed approximately 2,300 miles (3,700 kilometers) of track in South Australia and the Northern Territory, which includes approximately 1,400 miles (2,200 kilometers) of track between Darwin and Tarcoola. The Company has three railroads in Australia. The Australian rail network comprises over three track gauges, such as broad, narrow and standard gauge. There are three interstate rail segments in Australia, which includes the east-west corridor (Sydney, New South Wales to Perth, Western Australia); the east coast corridor (Brisbane, Queensland to Melbourne, Victoria), and the north-south corridor (Darwin, Northern Territory to Adelaide, South Australia). In addition, there are a number of intrastate rail freight networks servicing agricultural and mining regions in Queensland, New South Wales, Western Australia, South Australia and Victoria.
The Company's U.K./European Operations segment includes the operations of Freightliner Group Limited (Freightliner). Freightliner is a rail maritime intermodal operator and rail freight company. Its U.K./European Operations segment also includes heavy-haul in Poland and Germany and cross-border intermodal services connecting Northern European seaports with industrial regions throughout the continent. The Company, through its subsidiaries, owns or leases freight railroads, including one in the United Kingdom, one in Poland and Germany and two in the Netherlands. As of December 31, 2016, approximately 20,000 miles (32,000 kilometers) of track were owned and managed by the Company, and there are seven rail operators licensed for freight transport in Great Britain. Approximately 2,241 miles (3,607 kilometers) of track were owned and managed by the Company on the Belgian rail network, and there were 12 rail operators licensed for freight transport in Belgium, as of December 31, 2016. As of December 31, 2016, the German rail network was composed of approximately 20,630 miles (33,193 kilometers) of track. Approximately 4,363 miles (7,021 kilometers) of track were owned and managed by the Company on the Dutch rail network, as of December 31, 2016. In Belgium, the Company's subsidiary, Belgium Rail Feeding, operates mainly in the Port of Antwerp and on the main corridors towards the Netherlands and German boarders. In the Netherlands, its subsidiary, Rotterdam Rail Feeding B.V. (RRF), operates mainly in the Port of Rotterdam and on the main corridors towards the German and Belgian borders. Its subsidiary, ERS Railways B.V. (ERS), operates intermodal routes from the Port of Rotterdam.
Genesee & Wyoming Inc
20 West Ave
DARIEN CT 06820-4401
Company Web Links
- BRIEF-Genesee & Wyoming appoints John Hellmann as chairman
- BRIEF-Genesee & Wyoming in April 2017 was 260,440 carloads, an increase of 30,468 carloads, or 13.2 pct, compared with April 2016
- BRIEF-Genesee & Wyoming reports Q1 earnings per share $0.42
- BRIEF-Genesee & Wyoming traffic in March 2017 was 290,752 carloads, an increase of 52,455 carloads
- BRIEF-Westmoreland Coal says receives $52 mln early repayment of Genesee Mine receivable