REEDLEY, Calif.--(BUSINESS WIRE)-- Genesee & Wyoming Inc. (G&W) today announced its newly formed subsidiary,
Ivory Choice Terminal Co. (ICTC), has acquired the facility formerly known as the
Port of Ivory. ICTC is a subsidiary of Rail Link, G&W’s contract rail and
related services division, and will be operated as a G&W Choice Terminal™ bulk
transfer facility.
Genesee & Wyoming Inc. today announced its newly
formed subsidiary, Ivory Choice Terminal Co. (ICTC), has acquired the facility
formerly known as the Port of Ivory. ICTC is a subsidiary of Rail Link,
G&W’s contract rail and related services division, and will be operated as a
G&W Choice Terminal™ bulk transfer facility. (Graphic: Business Wire)
Served by G&W’s 371-mile San Joaquin Valley Railroad Co. (SJVR) and located in
the heart of California’s dairy industry in Reedley, the Port of Ivory is a 91-acre
industrial park providing rail-to-truck transload and storage services for a wide
range of commodities, including DDGs, canola, whole cottonseed, corn gluten, urea,
sodium bicarbonate, phosphate, millrun pellets, sulfuric acid, fly ash, aggregate
and lumber. With 2.5 miles of rail infrastructure, the site has capacity for more
than 200 railcars, more than 500,000 square feet of covered storage and a hard car
unloader. As a long-term customer of the SJVR, the operation has transloaded up to
6,400 carloads on an annual basis.
“The Port of Ivory is an important and valued service provider to the industries of
the Central Valley,” said Steve Yoder, Assistant Vice President of Rail Link, who
will oversee the operations of ICTC. “With an established base of customers,
significant storage capacity and connections to the Union Pacific and BNSF via the
SJVR, our acquisition of the Port of Ivory leaves us well positioned to build upon
the successful legacy of Richard Best since he started building the business more
than 20 years ago.”
ICTC is G&W’s sixth Choice Terminal to open in the past six years. Choice
Terminals, located on G&W-owned railroads, offer a choice of Class I railroad
connections and transload services for bulk materials, including but not limited to
agricultural, industrial and petroleum products between railcars and trucks. The
terminals provide customers that are not located directly on a railroad with the
opportunity to reduce transportation costs by using rail. In 2019, a Choice Terminal
opened on the SJVR in Millux, California, primarily serving clay customers. Through
their location on the SJVR, the Millux and Reedley terminals provide customers with
access to domestic and international markets via multiple interchanges with Class I
railroads BNSF and Union Pacific.
About Genesee & Wyoming
G&W owns or leases 116 freight railroads organized in locally managed operating
regions with 7,300 employees serving 3,000 customers.
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G&W’s four North American regions serve 42 U.S. states and four Canadian
provinces and include 113 short line and regional freight railroads with more
than 13,000 track-miles.
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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 30
major ports, rail-ferry service between the U.S. Southeast and Mexico, transload
services, and industrial railcar switching and repair. For more information, please
visit www.gwrr.com or LinkedIn.