- a U.S. Class III freight railroad that connects in Mobile with G&W's Alabama & Gulf Coast Railway (AGR), BNSF (via AGR), Canadian National (CN), CSX, Kansas City Southern (via CN) and Norfolk Southern and connects in Coatzacoalcos with Ferrosur, the railroad serving central and southern Mexico;
- two 585' roll-on/roll-off rail ferries, each with the capacity to transport approximately 115 railcars per voyage;
- Long-term agreements to operate purpose-built rail ferry terminals in the ports of Mobile and Coatzacoalcos;
- a 10,000-square-foot, food-grade, truck-to-rail transload facility and a railcar repair shop both located in Mobile.
"CGR creates a natural extension of our rail services to reach the rapidly growing market in central and southern Mexico," says G&W Chief Commercial Officer Michael Miller. "We look forward to working with Ferrosur and Ferromex to expand the current customer base. Since G&W's short line railroads maintain close commercial relationships with customers and connecting Class I railroads across the southeastern U.S., we also look forward to offering a more direct option for these shippers and others east of the Mississippi to reach central and southern Mexico."About Genesee & Wyoming Inc. G&W owns or leases 122 freight railroads worldwide that are organized in 10 operating regions with approximately 8,000 employees and 3,000 customers.
- G&W's eight North American regions serve 41 U.S. states and four Canadian provinces and include 115 short line and regional freight railroads with more than 13,000 track-miles.
- G&W's Australia Region provides rail freight services in New South Wales, including in the Hunter Valley coal supply chain, the Northern Territory and South Australia, and operates the 1,400-mile Tarcoola-to-Darwin rail line. The Australia Region is 51.1% owned by G&W and 48.9% owned by a consortium of funds and clients managed by Macquarie Infrastructure and Real Assets.
- G&W's U.K./Europe Region is led by Freightliner, the U.K.'s largest rail maritime intermodal operator and second-largest rail freight company. Operations also include heavy-haul in Poland and Germany, intermodal services connecting Northern European seaports with key industrial regions in Germany, and regional rail services in the Netherlands and Belgium.
- Through its shipping services businesses, SEACOR owns marine equipment operating coastwise in the U.S. transporting bulk liquids and dry cargo; operates vessels that support the movement of U.S. food aid and military cargo globally; and offers customers turnkey logistics solutions to move goods and materials from Florida into the Caribbean on a fleet of shallow draft vessels. SEACOR's tug fleet assists vessels docking in U.S. ports and the Caribbean and provides offshore towing services.
- SEACOR's inland river services businesses own and operate a fleet of domestic dry cargo barges, towboats, and infrastructure throughout the Mississippi River System and offers customers integrated services such as fleeting, storage, throughput, and elevation. SEACOR also provides inland river services in Latin America.
- CLEANCOR, a SEACOR subsidiary, distributes alternative energy solutions to end-customers looking to adopt fuels that have a favorable environmental footprint and the potential to economically displace legacy petroleum-based fuels.
"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: Statements in this press release regarding Genesee & Wyoming's and SEACOR's businesses which are not historical facts are "forward-looking statements" that involve risks and uncertainties. For a discussion of such risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see "Risk Factors" in each company's Annual Report on Form 10-K for the most recently ended fiscal year.