Choice Terminal™ Bulk Transfer Facility Opens on G&W’s Georgia Southwestern Railroad
14 August 2019 - 6:05AM
Business Wire
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.
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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.
“Customers in southwest Georgia, southeast Alabama and the
nearby Florida Panhandle can receive inbound, bulk raw materials
via rail at the Bainbridge terminal, hold them on site, and have
them delivered to their facilities via truck on a just-in-time
basis,” said Jim Irvin, GSWR president. “Likewise, outbound bulk
products can be transported to the terminal via truck for loading
onto railcars to their final destinations.”
Rick McCaskill, executive director of the Development Authority
of Bainbridge & Decatur County, Georgia, said, “We appreciate
the partnership we have with G&W and their railroad, the GSWR,
with the new Choice Terminal at Bainbridge. We feel that this
transload terminal will help attract new industry to this area and
increase the transportation options of current businesses that do
not have direct access to rail today.”
GSWR’s Choice Terminal is located on a 15-acre site with two
tracks accommodating 19 total railcars and offers open-truck
access. The 270-mile GSWR provides customers with access to the
North American rail network via interchanges with Class I railroads
CSX and Norfolk Southern.
About G&W
G&W owns or leases 120 freight railroads organized in eight
locally managed operating regions with 8,000 employees serving
3,000 customers.
- G&W’s six North American regions serve 41 U.S. states and
four Canadian provinces and include 114 short line and regional
freight railroads with more than 13,000 track-miles.
- G&W’s Australia Region serves New South Wales, the Northern
Territory and South Australia and operates the 1,400-mile
Tarcoola-to-Darwin rail line. The Australia Region is 51.1% owned
by G&W and 48.9% owned by a consortium of funds and clients
managed by Macquarie Infrastructure and Real Assets.
- G&W’s UK/Europe Region includes the U.K.’s largest rail
maritime intermodal operator and second-largest freight rail
provider, as well as regional rail services in Continental
Europe.
G&W subsidiaries and joint ventures also provide rail
service at more than 40 major ports, rail-ferry service between the
U.S. Southeast and Mexico, transload services, contract coal
loading, and industrial railcar switching and repair.
"Safe Harbor" Statement under the Private Securities Litigation
Reform Act of 1995: Statements in this press release regarding
Genesee & Wyoming's business which are not historical facts are
"forward-looking statements" that involve risks and uncertainties.
For a discussion of such risks and uncertainties, which could cause
actual results to differ from those contained in the
forward-looking statements, see "Risk Factors" in the Company's
Annual Report or Form 10-K for the most recently ended fiscal
year.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20190813005604/en/
Michael Williams, G&W Corporate Communications
1-203-202-8900 Web site: www.gwrr.com
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