Sign up for our FREE newsletter
Receive FREE Newsletter
Advanced Search
+

RTR: Brookfield clinches $9bn deal to buy Genesee & Wyoming – sources

FDX: ABOUT USPS PRIVATISATIONFDX: CCO VIEWFDX: LOWER GUIDANCE FDX: DISRUPTING AIR FREIGHTFDX: FOCUS ON KEY VERTICALFDX: LTL OUTLOOKGXO: NEW LOW LINE: NEW LOW FDX: INDUSTRIAL WOESFDX: HEALTH CHECKFDX: TRADING UPDATEWMT: GREEN WOESFDX: FREIGHT BREAK-UPFDX: WAITING FOR THE SPINHON: BREAK-UP ALLUREDSV: BREACHING SUPPORTVW: BOLT-ON DEALAMZN: TOP PICK

FDX: ABOUT USPS PRIVATISATIONFDX: CCO VIEWFDX: LOWER GUIDANCE FDX: DISRUPTING AIR FREIGHTFDX: FOCUS ON KEY VERTICALFDX: LTL OUTLOOKGXO: NEW LOW LINE: NEW LOW FDX: INDUSTRIAL WOESFDX: HEALTH CHECKFDX: TRADING UPDATEWMT: GREEN WOESFDX: FREIGHT BREAK-UPFDX: WAITING FOR THE SPINHON: BREAK-UP ALLUREDSV: BREACHING SUPPORTVW: BOLT-ON DEALAMZN: TOP PICK

Technology deal
© Skypixel
By

REUTERS reports: “Investment firm Brookfield Asset Management has agreed to acquire U.S. freight railroad owner and operator Genesee & Wyoming for close to $9bn, including debt, people familiar with the matter said on Sunday.”

To read the full story, please click here. To read the full release issued by G & W today, please click here.

Comment on this article

You must be logged in to post a comment.

    Related Stories

    Topics

    Brookfield Genesee & Wyoming Reuters EV woes

    Most read news

    Carriers unveil Panama Canal transit surcharges for new year

    The Loadstar explains: port automation

    Multimodal negotiable cargo documents a step closer to reality

    USPS privatisation would change the dynamics of rocky US final-mile landscape

    HMM to return to the transatlantic, as ONE teams up with Ocean Alliance

    The paradoxes of port productivity

    Ocean and Premier alliances plan jointly operated transatlantic networks

    Trump will have a 'heavy impact on container volumes', warns Wan Hai chief

    Apparel buyers revive alternatives in India amid Bangladesh struggles

    Air freight review: carriers eye higher contract rates after extended peak

    Zim aims to strengthen Indian trades with deepsea VSA with MSC

    2024: Sublime DSV, battered Kuehne, after a year to remember

    US port dispute: 'the carriers and USMX are going to lose this battle'

    Ripples from Trump tariff threat rocking boats in the neighbourhood

    LA/LB ports eye record throughput, but there are 'signals of strain'

    CMA CGM to launch battery-powered container barge in Vietnam