GWI adds Georgia short line to portfolio
Written by William C. Vantuono, Editor-in-ChiefGreenwich, Conn.-based Genesee & Wyoming Inc. on Wednesday announced the formation of a new subsidiary, the Hilton & Albany Railroad, Inc. (HAL), after signing an agreement with Norfolk Southern to lease and operate a 56-mile segment of NS track that runs from Hilton, Ga., to Albany, Ga.
Operations are expected to begin in January. HAL is expected to handle approximately 12,000 carloads annually, primarily overhead traffic between NS and GWI’s Bay Line, Chattahoochee Bay, and Chattahoochee Industrial railroads. HAL also will serve several local agricultural and aggregate customers in southwest Georgia, GWI said.
GWI earlier this week announced its < a href=https://www.old.railwayage.com/breaking-news/gwi-3q-earnings-rise-3665.html>third-quarter earnings.
