GVSR operates 32 miles (51 km) of yard track at Galveston, over a 50-acre (200,000 m2) facility.
The railroad was formed in 1900 as the Galveston Wharves Railway. It is owned by the City of Galveston, and GVSR took over operations in 1987.
On May 26, 2005, Genesee & Wyoming (G&W) announced that it has agreed to purchase the railroad operations of Rail Management Corporation (RMC), the parent company of Galveston Railroad. G&W paid $243 million in cash and assume $1.7 million in company debt to gain control of 14 short line railroads from RMC across the southeastern United States, as of June 1, 2005.[2]
Referencesedit
^Young, Nancy Beck (June 15, 2010). "Galveston Railway". Handbook of Texas Online. Texas State Historical Association. Retrieved January 15, 2016.
^"Genesee & Wyoming Announces Agreement to Acquire Short Line and Port Railroads from Rail Management Corporation" (Press release). Genesee & Wyoming. PRNewswire. May 26, 2005. Retrieved January 15, 2015.[permanent dead link]
Galveston Railroad official webpage - Genesee and Wyoming website
January 01, 1970
galveston, railroad, reporting, mark, gvsr, class, terminal, switching, railroad, headquartered, galveston, texas, primarily, serves, transportation, cargo, from, port, galveston, overviewheadquartersgalveston, texasreporting, markgvsrlocalegalveston, texasdat. The Galveston Railroad reporting mark GVSR is a Class III terminal switching railroad headquartered in Galveston Texas It primarily serves the transportation of cargo to and from the Port of Galveston 1 Galveston RailroadOverviewHeadquartersGalveston TexasReporting markGVSRLocaleGalveston TexasDates of operation1900 presentPredecessorGalveston Wharves RailwayTechnicalTrack gauge4 ft 8 1 2 in 1 435 mm Length32 miles 51 km Route mapvteLegend Union Pacific BNSF 1 mile long lead track dead end GVSR operates 32 miles 51 km of yard track at Galveston over a 50 acre 200 000 m2 facility The railroad was formed in 1900 as the Galveston Wharves Railway It is owned by the City of Galveston and GVSR took over operations in 1987 On May 26 2005 Genesee amp Wyoming G amp W announced that it has agreed to purchase the railroad operations of Rail Management Corporation RMC the parent company of Galveston Railroad G amp W paid 243 million in cash and assume 1 7 million in company debt to gain control of 14 short line railroads from RMC across the southeastern United States as of June 1 2005 2 References edit Young Nancy Beck June 15 2010 Galveston Railway Handbook of Texas Online Texas State Historical Association Retrieved January 15 2016 Genesee amp Wyoming Announces Agreement to Acquire Short Line and Port Railroads from Rail Management Corporation Press release Genesee amp Wyoming PRNewswire May 26 2005 Retrieved January 15 2015 permanent dead link External links edit nbsp Railways portal Link to Union Pacific website with GVSR Details Galveston Railroad official webpage Genesee and Wyoming website Retrieved from https en wikipedia org w index php title Galveston Railroad amp oldid 1196001859, wikipedia, wiki, book, books, library,
