Author: Kyra Senese

GWI completes acquisition of Australia’s GRail

Genesee & Wyoming Inc. (GWI) announced Dec. 1 that Genesee & Wyoming Australia (GWA) has acquired Glencore Rail (GRail) for A$1.14 billion (US$844.9 million) and issued a 49-percent equity stake in GWA for clients and funds handled by Macquarie Infrastructure and Real Assets.

 

LIRR expansion project DEIS published

The Metropolitan Transportation Authority’s (MTA) Long Island Rail Road (LIRR) Expansion Project has released a Draft Environmental Impact Statement, moving the project one step further toward construction.