WASHINGTON – Genesee & Wyoming aims to merge four of its Southeastern short lines into two railroads early next year.
The largest shortline holding company told regulators on Wednesday that in a pair of transactions it proposes to merge Chattahoochee Bay Railroad into The Bay Line Railroad, and the Fordyce and Princeton Railroad into the Arkansas Louisiana & Mississippi Railroad.
Operations, service, and employment levels on the railroads won’t change, G&W said, but the mergers will reduce overhead costs including duplication of accounting and information technology services. G&W anticipates the transactions will become effective on or around Feb. 1, 2023.
The Chattahoochee Bay, which runs between Dothan, Ala., and Hilton, Ga., operationally is part of the neighboring 172-mile Bay Line, which runs from Dothan to Panama City, Fla., as well as between Grimes and Abbeville, Ala.
The 57-mile Fordyce and Princeton operates in Arkansas, while Arkansas Louisiana & Mississippi operates 71 miles of trackage in Arkansas and Louisiana.
Trains, thanks for the maps.
I’ve been wondering of late why these holding companies don’t start doing this.
To be brutally honest, this should have happened a while ago.
Thank you for the maps.