What year did Genesee and Wyoming acquire the Pennsylvania and Southern Railroad?

What year did Genesee and Wyoming acquire the Pennsylvania and Southern Railroad?

• A. 2014
• B. 2015
• C. 2016
• D. 2017

Answer: (C)

Genesee and Wyoming acquired the Pennsylvania and Southern Railroad in 2016. This acquisition was part of the company’s strategy to expand its network and enhance its service offerings in the region. By acquiring the Pennsylvania and Southern Railroad, Genesee and Wyoming aimed to strengthen its presence in the northeastern United States and integrate new lines into its broader system, thus improving operational efficiency and market reach. The year 2016 marked significant growth and investment for Genesee and Wyoming, aligning with trends in the railroad industry where companies sought to consolidate and expand their operations. This strategic acquisition demonstrates the company's commitment to leveraging opportunities that bolster its infrastructure and service capabilities.

Genesee and Wyoming acquired the Pennsylvania and Southern Railroad in 2016. This acquisition was part of the company’s strategy to expand its network and enhance its service offerings in the region. By acquiring the Pennsylvania and Southern Railroad, Genesee and Wyoming aimed to strengthen its presence in the northeastern United States and integrate new lines into its broader system, thus improving operational efficiency and market reach.

The year 2016 marked significant growth and investment for Genesee and Wyoming, aligning with trends in the railroad industry where companies sought to consolidate and expand their operations. This strategic acquisition demonstrates the company's commitment to leveraging opportunities that bolster its infrastructure and service capabilities.