Thursday, June 01, 2017

GWI completes acquisition of Heart of Georgia Railroad

Written by 

Genesee & Wyoming, Inc., completed its acquisition of the shares of Atlantic Western Transportation, Inc., parent company of Heart of Georgia Railroad, Inc. (HOG).

Founded in 1999, HOG operates across the state of Georgia on 219 miles of track leased from the Georgia Department of Transportation. It connects with GWI's Georgia Southwestern Railroad at Americus, Ga., and with GWI's Georgia Central Railway at Vidalia, Ga. HOG serves an inland intermodal terminal at Cordele, Ga., providing direct rail service five days a week via the Georgia Central Railway to the Port of Savannah for auto, agricultural products and other merchandise customers. HOG has Class 1 railroad connections with CSX at Cordele and with Norfolk Southern at Americus and Helena, Ga.

HOG transports approximately 10,000 annual carloads of agricultural products, feed, fertilizer and lumber and forest products, of which approximately 2,000 carloads are interchanged with GWI's Georgia Central Railway. HOG will be managed as one of GWI's Coastal Region railroads, led by Senior Vice President Andy Chunko. Terms of the acquisition were not disclosed.