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Burning Journal -> Other Railroad News -> Good bye G&W (Genesee&Wyoming)
Post Info TOPIC: Good bye G&W (Genesee&Wyoming)
Uke


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Good bye G&W (Genesee&Wyoming)
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The owner/operator of many short lines and regional roads, including an outfit in Australia, sells off its holdings. Portland & Western interchange partner of A&E (My shorty), UP, BNSF, leaves a few locals to wonder if they'll have jobs after the deal is finalized.

https://www.progressiverailroading.com/m_a/news/Brookfield-Infrastructure-partners-to-acquire-Genesee-Wyoming-for-84B--57934

Lotta money changing hands. I'd bet Brookfield will sell off lots of marginal shorties once that big check is cashed!

 



-- Edited by Uke on Saturday 13th of July 2019 11:13:13 PM

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Hmm. That address doesnt look right.
It looks like the link pointing here was faulty.

Gah. Your tab just crashed.
jonnycantdo


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A dose of PSR for shortlines.....I hate to see it......

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