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, as of June 1, 2005.
References
External links
Link to Union Pacific website with GVSR Details">Union Pacific">Link to Union Pacific
website with GVSR Details
Galveston Railroad official webpage - Genesee and Wyoming website
{{Texas railroads
Companies based in Galveston, Texas
Genesee & Wyoming
Texas railroads