- published: 06 Jul 2015
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Genesee & Wyoming Inc. (NYSE: GWR) is a short-line railroad holding company that owns or maintains interests in 63 railroads throughout six countries (the United States, Canada, Bolivia, Australia, Mexico, and Netherlands), and operates more than 7,400 miles (11,900 km) of owned and leased track, with more than 1,400 miles (2,300 km) under additional track-access arrangements. The company had its roots in the Class III Genesee and Wyoming Railroad, which began in 1899.
Genesee and Wyoming Railroad, predecessor of Genesee & Wyoming Inc., was purchased out of bankruptcy in 1899 by Edward L. Fuller. At that time, the railroad was operating as a 14.5 miles (23.3 km) long single-track line serving a single customer, a salt mine owned by Fuller in Retsof, NY. It was still operating the same line for the salt mine when Mortimer B. Fuller III, great grandson of Edward L. Fuller, purchased the railroad in 1977. The holding company, Genesee & Wyoming Railroad Inc., was organized during the same year, and the railroad became its subsidiary.
Regional rail is passenger rail transport services that operate between towns and cities. It operates with more stops and lower distances than does inter-city rail, but fewer stops and faster than commuter rail. Other terms include local train and stopping train. Regional rail operate beyond the limits of urban areas, and either connect similarly sized smaller cities and towns, or connect cities to the surrounding towns, outside or at the outer rim of the suburban belt.
Regional rail normally operates with an even service load throughout the day, although slightly increased services may be provided during rush-hour. The service is less oriented around bringing commuters to the urban centers, although this may generate part of the traffic on some systems. Other regional rail services operate between two large urban areas, but make many intermediate stops.
The main difference between regional rail and commuter rail is that the latter is focused on moving people between where they live and where they work on a daily basis. Regional rail operates outside major cities. Unlike inter-city, it stops at most or all stations. It provides a service between smaller communities along the line, and also connections with long-distance services. Regional rail typically operates throughout the day but often at low frequency (once per hour or only a few times a day), whereas commuter rail provides a high-frequency service within a conurbation.