Genesee & Wyoming Inc was incorporated in Delaware on September 1, 1977. It completed its initial public offering in June 1996, and since September 27, 2002, its common stock has been listed on the New York Stock Exchange. The Company owns and operates short line and regional railroads in the United States, Australia, Canada, the Netherlands and Belgium. The Company operates the Tarcoola to Darwin rail line, which links the Port of Darwin with the Australian interstate rail network in South Australia. Operations currently include 111 railroads organized into 11 regions, with approximately 14,700 miles of owned and leased track. It provides rail service at 35 ports in North America, Australia and Europe and performs contract coal loading and railcar switching for industrial customers. The Company operates in two reportable segments: North American & European Operations and Australian Operations. The Company faces competition from numerous sources, including those relating to geography, substitute products, other types of transportation and other rail operators. In addition to environmental laws, securities laws, state and local laws and regulations generally applicable to many businesses, its United States railroads are subject to regulation by: the STB; the FRA; federal agencies, including the United States Department of Transportation, Occupational Safety and Health Administration, Pipeline and Hazardous Material Safety Administration, Mine Safety and Health Administration and Transportation Security Administration, which operates under the Department of Homeland Security; state departments of transportation; and some state and local regulatory agencies.
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