By Stephen C. Host, Railway Age Magazine; November 20, 2018
At midnight on Nov. 16, 2018, the 20-year lease of part of the 184-mile Goderich-Exeter Railway (GEXR) from CN came due, and the Class I lessor took back the lines.
Owned by Genesee & Wyoming, GEXR was one of Canada’s first short lines. Created in 1992 by RailTex, it was subsequently purchased by RailAmerica in 2000, followed by Genesee & Wyoming in late 2012). The owned portion consists of CN’s former Goderich Subdivision, 70 miles of track between Stratford and Goderich-Exeter, Ontario.
Click here to read the full story.