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Tag Archives: G&W

G&W acquisition vote faces opposition (access required)

Darien, Conn.-based G&W, which has its administrative base in Rochester, owns and operates short-line and regional freight railroads in the U.S., Canada, the Netherlands and Australia.

Genesee & Wyoming Inc., the global railroad company which was founded in the Rochester area more than 120 years ago, was scheduled to vote today on its planned acquisition by Brookfield Infrastructure Partners, GIC and Brookfield Infrastructure’s institutional partners in ...

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G&W reports mixed Q2 results (access required)

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Genesee & Wyoming Inc. in its most recent quarterly earnings report showed improvement in earnings despite a decline in operating revenues, a document filed with the Securities and Exchange Commission shows. For the second quarter ended June 30, the railroad ...

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G&W Railroad acquired for $8.4 billion (access required)

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Genesee & Wyoming Inc. has confirmed rumors that it had been seeking a buyer. The railroad, which got its start in the Rochester area some 120 years ago, will be acquired by Brookfield Infrastructure Partners, GIC and Brookfield Infrastructure’s institutional ...

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G&W posts Q1 sales, earnings decline (access required)

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Genesee & Wyoming Inc. missed Street estimates for first-quarter sales and earnings, prompting an early slide in share price on Tuesday, recovering by midday. For the first quarter ended March 31, G&W reported an operating revenue decline of nearly 3 ...

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Genesee & Wyoming reportedly exploring sale (access required)

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Railroad owner and operator Genesee & Wyoming Inc. is reportedly exploring the possibility of a sale of part or all of its operations, Bloomberg reported this week. G&W has its administrative offices in Rochester. G&W is working with a financial ...

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G&W Railroad COO steps down (access required)

David Brown

Genesee & Wyoming Inc. Chief Operating Officer David Brown has stepped down, a filing with the Securities and Exchange Commission shows. Monday’s filing states that effective Feb. 8, “Brown is no longer serving in the capacity of chief operating officer.” ...

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G&W Q4 earnings beat Street estimates (access required)

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Genesee & Wyoming Inc. on Wednesday reported an increase in fourth-quarter sales and earnings, besting analyst expectations. For the quarter ended Dec. 31, the railroad, which has its administrative offices in Rochester, posted revenue of $575.6 million—led by North American ...

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Genesee & Wyoming reports 45 percent Q3 earnings growth, beats Street estimates (access required)

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Genesee & Wyoming Inc.’s bottom line continued to improve in the third quarter, with a 45 percent increase in earnings, and operating revenue that topped $600 million, the company reported Tuesday. For the third quarter ended Sept. 30, G&W reported ...

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G&W railroad reports sales, earnings increases (access required)

Genesee & Wyoming Inc. on Tuesday reported an increase in sales and earnings in the third quarter, but missed Street estimates. For the quarter ended Sept. 30, G&W reported a 15 percent increase in operating revenues to $576.9 million from ...

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