$GWR (Genesee & Wyoming Inc.)

$GWR {{ '2016-02-10T14:11:07+0000' | timeago}} • Announcement

$GWR's Australian Operations traffic for Jan. fell by 16.8% from last year due to reduced metallic ores shipments from closures of customer iron ore and manganese mines in 2015. U.K./European Operations traffic was 78,920 carloads, led by intermodal traffic in U.K. and continental Europe as well as minerals & stone traffic in Poland and U.K.

$CP {{ '2017-10-10T12:08:08+0000' | timeago}} • Announcement

$CP, which operates transcontinental train service, has joined hands with $GWR and Bluegrass Farms to open up the Ohio Valley to customers and to extend its reach into key North American markets. The company also said it is increasing its sales and marketing presence in Asia by adding key positions in China and Singapore.

$GWR {{ '2017-09-14T15:46:24+0000' | timeago}} • Announcement

While same-railroad traffic in North American operations of $GWR in 3Q17 declined 1.3% to 266,219 carloads mainly due to a 13.4% fall in agricultural products transportation, the traffic in the Australian segment went north by 4.4%. A 65% drop in coal transportation in UK/European operations saw the traffic dip by 4.3% to 187,470 carloads.

$GWR {{ '2017-09-14T15:45:09+0000' | timeago}} • Announcement

The slow movement of agricultural products, minerals and coal in various operations pulled the chains on $GWR in 3Q17 as its same-railroad traffic fell 2.1% at 484,445 carloads compared to same period last year. Total operations were logged at 554,612 carloads up by 12%.

$GWR {{ '2017-09-14T15:43:34+0000' | timeago}} • Announcement

The same-railroad traffic of $GWR’s North American operations dropped 1.6% at 136,328 carloads due to weaker agricultural products traffic in Aug 2017. In the Australian segment, the traffic crashed 14.5% at 12,272 carloads as the minerals & stone movement got stuck. Traffic in UK/European operations was 96,480 carloads, a decrease of 2.7%.

$GWR {{ '2017-09-14T15:41:34+0000' | timeago}} • Announcement

$GWR had a bumpy ride in Aug 2017 as its same-railroad traffic went south by 2.8% at 245,080 carloads, compared to the same period last year as the transportation of agricultural products, coal and minerals dipped in various segments. Total operations increased 10.1% at 277,472 carloads for the month.

$GWR {{ '2017-09-05T13:35:44+0000' | timeago}} • Announcement

$GWR and $CKH announced the formation of a 50/50 JV to own and operate CG Railway, LLC (CGR), a subsidiary of SEACOR, recently acquired through its acquisition of International Shipholding Corporation. Terms of the JV were not disclosed.

$CKH {{ '2017-09-05T13:05:19+0000' | timeago}} • Announcement

$CKH and $GWR announced the formation of a 50/50 joint venture to own and operate CG Railway LLC (CGR), a subsidiary of $CKH recently acquired through its acquisition of International Shipholding Corp. Terms of the joint venture were not disclosed.

$GWR {{ '2017-08-11T15:30:46+0000' | timeago}} • Announcement

Riding on robust transportation of agricultural products and metal ores, $GWR’s Australian operations had 18,484 same-rail carloads in July 2017, a spike of 22.4% compared to same period last year. But slimmer agricultural and coal & coke traffic pulled the chains on the UK/European operations at 90,990 total carloads in July 2017, a drop of 6%.

$GWR {{ '2017-08-11T15:27:48+0000' | timeago}} • Announcement

$GWR’s North American operations had a smooth run with traffic touching 133,822 carloads, an increase of 2%, including carloads from Providence and Worcester Railroad Company acquisition, closed on Nov 1, 2016, and Heart of Georgia Railroad, Inc., closed on May 31, 2017. The same-railroad traffic fell 1% due to less agricultural product traffic.

$GWR {{ '2017-08-11T15:26:16+0000' | timeago}} • Announcement

$GWR was a bit off track as its same-railroad traffic in July 2017 was 239,365 carloads, a decrease of 3,585 carloads, or 1.5%, compared with same period last year, mainly due to dip in transportation of agricultural and coal in various segments. The total operations was logged at 277,140 carloads in July 2017, an increase of 14.1%.

$GWR {{ '2017-06-13T11:37:30+0000' | timeago}} • Announcement

In May 2017, $GWR reported 18.2% YoY rise in traffic to 275,054 carloads, and 2.2% increase in same-railroad traffic to 237,945 carloads. In 2Q17 through May, traffic jumped 15% to 535,494 carloads, and same-railroad traffic edged up 0.1% to 463,177 carloads.

$GWR {{ '2017-06-01T11:47:46+0000' | timeago}} • Announcement

$GWR completed its acquisition of the shares of Atlantic Western Transportation Inc., parent company of Heart of Georgia Railroad, Inc. (HOG), for undisclosed terms. HOG will be managed as one of $GWR's Coastal Region railroads, led by SVP Andy Chunko.

$GWR {{ '2017-05-30T11:06:27+0000' | timeago}} • Announcement

$GWR appointed John Hellmann, President and CEO, as Chairman of the BoD following the retirement of Mortimer Fuller III, effective May 24, 2017. Hellmann will also continue to serve as President and CEO.

$GWR {{ '2017-05-09T13:23:54+0000' | timeago}} • Announcement

$GWR reported traffic for the month of April 2017 of 260,440 carloads, an increase of 13.2% from last year. Same-railroad traffic decreased 2.1% to 225,232 carloads.

$GWR {{ '2017-05-04T18:18:38+0000' | timeago}} • Announcement

$GWR said its subsidiary GWI UK Acquisition Co. completed the acquisition of all of the issued share capital of Pentalver Transport from a subsidiary of APM Terminals.

$GWR {{ '2017-04-13T17:34:42+0000' | timeago}} • Announcement

$GWR’s traffic in 1Q17 was 821,248 carloads, up 20.5% compared with 1Q16. Same-railroad traffic was 715,656 carloads, an increase of 5% YoY.

$GWR {{ '2017-04-13T17:32:43+0000' | timeago}} • Announcement

$GWR’s traffic in March 2017 was 290,752 carloads, up 22% compared with March 2016. Same-railroad traffic was 251,490 carloads, an increase of 5.5%.

$GWR {{ '2017-03-14T14:33:52+0000' | timeago}} • Announcement

$GWR reported traffic for the month of February 2017 of 252,228 carloads, up 12.3% from last year, while same-railroad traffic slid 0.6% to 223,365 carloads. For 1Q17, traffic grew 19.7% to 530,496 carloads and same-railroad traffic rose 4.8% to 464,166 carloads.

$GWR {{ '2017-02-14T15:12:56+0000' | timeago}} • Announcement

$GWR reported traffic for the month of January 2017 of 278,268 carloads, an increase of 27.4% from last year. Same-railroad traffic rose 10.2% to 240,801 carloads.

$GWR {{ '2017-02-08T18:56:47+0000' | timeago}} • Webcast

During 4Q16, $GWR took a charge of $22MM in relation to write-down of the Continental European Intermodal (ERS). In parallel, the company initiated a proposed restructuring of ERS in Jan. 2017. The proposal is to discontinue open train intermodal services from the Netherlands and to close ERS offices in the Netherlands and Germany.

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