Genesee & Wyoming Australia Buys Alice Springs Rail Terminal, Sells Cook Fuel-Sales B

Mr. RSS Aug 1, 2012

  1. Mr. RSS

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    ADELAIDE, Australia & GREENWICH, Conn.--(BUSINESS WIRE)--Aug. 1, 2012-- Genesee & Wyoming Inc. (GWI) (NYSE: GWR) announced today that its subsidiary, Genesee & Wyoming Australia Pty Ltd (GWA), recently completed the purchase of an intermodal and freight terminal in Alice Springs, Northern Territory, from Asciano Services Pty Ltd (AIO), a subsidiary of Asciano Pty Ltd (ASX: AIO). Pursuant to the agreement, GWA will sell to AIO certain assets in the township of Cook, South Australia, that include a fuel-sales business. GWA’s purchase of the Alice Springs facility secures ownership of an important long-term a...

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