Genesee & Wyoming Deal With Grupo México Transportes Closes

Genesee & Wyoming’s previously proposed transaction to partner with Grupo México Transportes as owners of CG Railway closed on Sept. 30.

As part of this transaction, G&W now independently owns Central Gulf Railcar Services, a railcar repair shop located in Mobile, Alabama.

CGRS specializes in railcar maintenance and repair. It can accommodate up to 90 railcars at a time and offers transload storage for up to 14 railcars.

“With the addition of CGRS, G&W will focus on providing safe and efficient railcar maintenance in the Mobile area, which can assist shippers in managing their railcar fleets throughout the Southeast U.S.,” Kimberly Thompson, regional vice president of sales and marketing, said in a release.

CGRS becomes G&W’s third dedicated equipment maintenance and repair operation in North America – with another railcar repair facility located in Ontario, Canada, and a locomotive maintenance shop in Alberta, Canada.

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