Galveston Railroad
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Galveston Railroad
The Galveston Railroad 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. GVSR operates of yard track at Galveston, over a 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 The United States of America (U.S.A. or USA), commonly known as the United States (U.S. or US) or America, is a country primarily located in North America. It consists of 50 states, a federal district, five major unincorporated territo ...
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Galveston
Galveston ( ) is a coastal resort city and port off the Southeast Texas coast on Galveston Island and Pelican Island in the U.S. state of Texas. The community of , with a population of 47,743 in 2010, is the county seat of surrounding Galveston County and second-largest municipality in the county. It is also within the Houston–The Woodlands–Sugar Land metropolitan area at its southern end on the northwestern coast of the Gulf of Mexico. Galveston, or Galvez' town, was named after 18th-century Spanish military and political leader Bernardo de Gálvez y Madrid, Count of Gálvez (1746–1786), who was born in Macharaviaya, Málaga, in the Kingdom of Spain. Galveston's first European settlements on the Galveston Island were built around 1816 by French pirate Louis-Michel Aury to help the fledgling empire of Mexico fight for independence from Spain, along with other colonies in the Western Hemisphere of the Americas in Central and South America in the 1810s and 1820s. The Po ...
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