Genesee Valley Transportation Company

from Wikipedia, the free encyclopedia
Genesee Valley Transportation Company
legal form Corporation
founding 1985
Seat Batavia , New York ,United StatesUnited States
management David J. Monte Verde ( President )
Branch Rail transport
Website https://www.gvtrail.com/

The Genesee Valley Transportation Company (GVT Rail) is a holding company , the sole owner of six rail freight of US states New York and Pennsylvania 's railway companies operating.

history

In 1985, David J. Monte Verde, then a signal manufacturer's sales representative, founded a company called LV 211 Associates with Michael Thomas, Charles Riedmiller, Jeffrey Baxter, and John Herbrand , who also worked at the Rochester & Genesee Valley Railroad Museum and similar associations . Its goal was to acquire a certain Alco RS-3m diesel locomotive - the former Lehigh Valley Railroad (LV) 211 locomotive - from Conrail . This succeeded and the vehicle was rented to the Rochester and Southern Railroad for a year from October 1, 1986 , before it was transferred to the museum's holdings. The rental income financed both the restoration of the museum exhibit and the acquisition of two more diesel locomotives by the company now renamed Genesee Valley Transportation Associates (GVT) in 1988.

GVT, which is mostly held by Monte Verde, decided to enter rail freight transport. The opportunity arose in 1988 when the Erie County Industrial Development Agency was looking for a new operator to handle the sporadic freight traffic on its five-kilometer-long railway line in Lancaster , an eastern suburb of Buffalo . GVT was awarded the contract and founded the Depew, Lancaster and Western Railroad (DLWR), which began operations in 1989 on the route from which it was named and a works railway in Buffalo.

In early 1991, GVT took over the Lowville and Beaver River Railroad (LBR). This railway company, founded in 1903, had ceased regular operations at the beginning of 1990, but was reactivated under GVT management in February 1991. In June 1991 GVT took over the Lowville Industrial Track , Newton Falls Secondary and the route from Utica to Lyons Falls from Conrail , for whose operation the Mohawk, Adirondack and Northern Railroad (MHWA) was founded. In 1993, the MHWA began operating a connecting railway in Rome , while the DLWR took over the freight traffic of the Lower Town Industrial Trackage in Batavia . The infrastructure operator in Rome and Batavia is the GVT subsidiary Genesee & Mohawk Valley Railroad (G&MV) , founded in 1993 .

Also in 1993, GVT was able to win a tender from the Lackawanna County Rail Authority for the operation of freight traffic on the approximately 140 km long railway lines of the Counties Lackawanna and Monroe in northeastern Pennsylvania. The GVT subsidiary Delaware-Lackawanna Railroad (DL) founded for this purpose is now by far the largest company in the GVT group, after the freight volume of the MHWA decreased significantly in 2000 due to the closure of the supplied companies, while the DL volume has increased significantly since it was founded . In 2019, DL carried 9,690 freight wagons, almost twice as many wagons as the other GVT companies combined.

GVT has been operating as a holding company under its current name since August 1st, 1993. The company is still owned by four of the five founders and the heirs of the fifth founder, Charles Riedmiller, who died in January 2004.

In 1996, GVT founded the Falls Road Railroad (FRRR), which then took over the remaining Lockport – Brockport section of the Falls Road route between Rochester and Lockport with local rail freight traffic from Conrail on October 24, 1996 .

Railway companies owned by GVT

Surname Reporting mark Route length in kilometers in ownership since comment
Depew, Lancaster and Western Railroad DLWR 14.9 1989 Infrastructure is owned by the county, G&MV or Trackage Rights
Lowville and Beaver River Railroad LBR 16.8 1991 out of service since 2000
Mohawk, Adirondack and Northern Railroad MHWA 150.6 1991 plus around 50 km of trackage rights on G & MV and CSX routes
Genesee & Mohawk Valley Railroad G&MV 21.1 1993 pure infrastructure operator
Delaware-Lackawanna Railroad DL 142 1993 Infrastructure is owned by the Pennsylvania Northeast Regional Railroad Authority (PNRRA)
Falls Road Railroad FRRR 67.1 1996

Individual evidence

  1. GVT Rail, Personnel. Genesee Valley Transportation Company, 2020, accessed March 7, 2020 .
  2. ^ A b c d e Charlie Wood: Genesee Valley Transportation . In: Railfan & Railroad Magazine . tape 36 , no. October 10 , 2017, ISSN  0163-7266 , p. 46-52 (English).
  3. ^ Railroad Collection: Lehigh Valley 211. Rochester & Genesee Valley Railroad Museum, accessed March 7, 2020 .
  4. ^ A b Dan Barry: Passion for Trains Is a Way to Run a Railroad . In: New York Times . April 30, 2001, p. A1 (English, full text ).
  5. ^ Rick Stouffer: Short Line Railroads Succeed Where Big Lines Failed . In: The Buffalo News . October 13, 1991 (English, full text ).
  6. Delaware-Lackawanna Railroad posts record carloads in 2019. Progressive Railroading , January 3, 2020, accessed on April 8, 2020 .
  7. Employee Status Determination, Genesee Valley Transportation Company, Inc. (PDF) US Railroad Retirement Board, August 16, 1996, accessed March 7, 2020 .
  8. ^ Obituary of Charles Riedmiller . In: The Cincinnati Enquirer . January 13, 2004 (English, full text ): “Riedmiller Charles J., born December 21, 1942 in Cincinnati. Died in Batavia, NY Friday January 9, 2004 ”
  9. ^ Surface Transportation Board : Falls Road Railroad Co., Inc. - Acquisition and Operation Exemption - Consolidated Rail Corporation . Ed .: Federal Register . October 25, 1996 (English, full text ).