US-based railroad holding company Genesee & Wyoming (G&W) has signed an agreement to acquire Heart of Georgia Railroad’s (HoG) parent company, Atlantic Western Transportation.

After completion of the acquisition, HoG will be managed as one of G&W’s Coastal Region railroads.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

Related Company Profiles

View all

Founded in 1999, HoG operates across 219 miles of track leased from the Georgia Department of Transportation.

It links with G&W’s Georgia Southwestern Railroad at Americus, Georgia, and Georgia Central Railway at Vidalia.

G&W senior vice-president Andy Chunko said: “The Heart of Georgia is an excellent bolt-on acquisition that we expect will enhance economic development by providing an efficient lane across southern Georgia.

“Its proximity to other G&W railroads unlocks operational efficiencies, while enhancing the railroads’ abilities to serve customers and generate new commercial opportunities across the region.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.
"Its proximity to other G&W railroads unlocks operational efficiencies, while enhancing the railroads’ abilities to serve customers and generate new commercial opportunities across the region."

“We also look forward to broadening our already strong relationship with the Georgia Department of Transportation and Georgia Ports Authority, in a state where we have established a significant long-term presence, operating 11 railroads over more than 600 track miles.”

HOG serves an inland intermodal terminal at Cordele, providing direct rail service through the Georgia Central Railway to the Port of Savannah and has Class I railroad connections with CSX at Cordele and with Norfolk Southern at Americus and Helena.

Subject to customary closing conditions, including the receipt of US Surface Transportation Board approval, the acquisition is due for completion in the second quarter of this year.

G&W globally owns or leases 122 freight railroads that are organised in ten operating regions.