connectors tying rail shipments to seaborne shipping and end consumers. The largest short line is Genesee & Wyoming Railroad (NYSE: GWR ). Genesee & Wyoming owns regional railroads and short lines in not only the United States, but in Canada, Australia, the
Genesee & Wyoming (NYSE: GWR ) reports traffic was up 7.3% to 177.2K carloads in July. Transport of minerals and stone was up 24%, while carloads of coal and coke saw a 11% jump. Post your comment!
earnings-per-share (and subsequently boost executive bonuses!) is to buy back more shares. BULLISH ARTICLES : AZZ, URBN GWR ETFs: BE careful with highly specialized funds like FIGY(and its extremely concentrated ownership) or leveraged funds like
rail drove combined same-rail growth. Although variable in nature, crude by rail remains an attractive growth avenue for GWR , as the firm still sees opportunities to serve new customers/projects on this front. The ongoing ramp-up of iron ore shipments
On a combined basis (including Rail America's results from last year), Genesee & Wyoming GWR generated same-railroad revenue growth of about 8% in the first quarter, reflecting an 11% rise in freight revenue, tempered
America acquisition/integration costs), GWR 's operating ratio improved 400 basis points ..... acquired Oct. 2012) is being integrated into GWR ’s operations, given regulatory approval ..... are placing our fair value estimate for GWR under review as we incorporate full-year
Genesee & Wyoming's GWR same-railroad revenue was about flat with the same period last year, as a 1% rise in freight revenue was offset by modestly
Genesee & Wyoming GWR generated same-railroad revenue year-over-year growth of 1% in the second quarter, reflecting a 3% rise in freight revenue
the company's long-term prospects are largely tracking our previous assumptions. We are maintaining our $27.50 fair value estimate, which reflects RailAmerica's recent agreement to be acquired by competitor Genesee & Wyoming GWR .
from $20) to reflect RailAmerica's RA agreement to be purchased by competing short-line rail operator Genesee & Wyoming GWR . We anticipate shareholder approval given that majority owner, Fortress Investment Group, has provided its consent to the