Author Topic: Bigger Short Line in GA  (Read 462 times)

0 Members and 1 Guest are viewing this topic.


C855B

  • Crew
  • *
  • Posts: 8691
  • Respect: +1286
Re: Bigger Short Line in GA
« Reply #1 on: February 08, 2017, 12:06:16 PM »
0
A little familiar with Georgia Central, this is a foregone conclusion I'm surprised took this long to happen.
...mike

http://www.gibboncozadandwestern.com

Never trust anyone lacking a sense of humor.

davefoxx

  • Crew
  • *
  • Posts: 8859
  • Gender: Male
  • "I like trains!"
  • Respect: +2289
Re: Bigger Short Line in GA
« Reply #2 on: February 08, 2017, 04:24:49 PM »
0
If I understand it correctly, this purchase will allow connection between other G&W roads, which could make for a much more efficient railroading.  G&W is just gobbling up the short lines.  If it keeps this up, it will become a Class 1 railroad.   :o

DFF

General Counsel to the Laurel Valley Ry.
Member: ACL/SAL Historical Society
Member: Wilmington & Western RR
A Proud HOer

Blazeman

  • Crew
  • *
  • Posts: 1272
  • Respect: +57
Re: Bigger Short Line in GA
« Reply #3 on: February 09, 2017, 02:25:08 PM »
0
  G&W is just gobbling up the short lines.  If it keeps this up, it will become a Class 1 railroad.   DFF

They've cut debt levels so they can leverage themselves again to make more buys or get that "big one" whatever it may be. They have said they are in a M&A thinking mode.