Genesee & Wyoming Inc. (G&W)(NYSE:GWR) today announced the opening of a Choice Terminal™ bulk transfer facility on its San Joaquin Valley Railroad Co. (SJVR) subsidiary in Millux, Calif.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20190426005084/en/

Operated by G&W railroads, Choice Terminals transfer bulk materials, including agricultural, industrial and petroleum products, between railcars and trucks, providing customers that are not located directly on a railroad with the opportunity to reduce transportation costs by using rail. Customers can receive inbound, bulk raw materials via rail at the terminal, hold them on site and have them delivered via truck on a just-in-time basis. Likewise, outbound bulk products can be transported to the terminal via truck for loading onto railcars to their final destinations.

The new SJVR Choice Terminal is located roughly 20 miles southwest of Bakersfield and close to Interstate 5. Initially serving clay customers, the facility accommodates 20 railcars and features an on-site truck scale for weighing as well as flexible operating hours. The 371-mile SJVR provides customers with access to the North American rail network via multiple interchanges with Class I railroads BNSF and Union Pacific.

“We look forward to providing safe and efficient service to businesses in the San Joaquin Valley, Los Angeles Basin and Inland Empire that are looking to more efficiently manage inventory and lower transportation costs by eliminating the need for long-haul trucks,” SJVR President Brad Ovitt said.

About G&W

G&W owns or leases 120 freight railroads organized in eight locally managed operating regions with 8,000 employees serving 3,000 customers.

  • G&W’s six North American regions serve 41 U.S. states and four Canadian provinces and include 114 short line and regional freight railroads with more than 13,000 track-miles.
  • G&W’s Australia Region serves New South Wales, 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 UK/Europe Region includes the U.K.’s largest rail maritime intermodal operator and second-largest freight rail provider, as well as regional rail services in Continental Europe.

G&W subsidiaries and joint ventures also provide rail service at more than 40 major ports, rail-ferry service between the U.S. Southeast and Mexico, transload services, contract coal loading, and industrial railcar switching and repair.

"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: Statements in this press release regarding Genesee & Wyoming's business 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 the Company's Annual Report or Form 10-K for the most recently ended fiscal year.