Galveston Railroad Galveston Railroad The Galveston Railroad is a Class III terminal switching railroad headquartered in Galveston, Texas. It primarily serves the transportation of cargo to and from the Port of Galveston. GVSR operates of yard track at Galveston, over a facility. The railroad was formed in 1900 as the Galveston Wharves Railway. It is owned by the City of Galveston, and GVSR took over operations in 1987. On May 26, 2005, Genesee and Wyoming (GWI) announced that it has agreed to purchase the railroad operations of Rail Management Corporation (RMC), the parent company of Galveston Railroad. GWI paid $243 million in
Port of Galveston winter season in 2012-2013. From 2014 to 2015, the cruise business expanded substantially, adding an additional 400,000 passengers. In order to lure larger ships, carrying up to 5,000 passengers, the port renovated and expanded Terminal 2. A new building was constructed on the foundations of an 80-year-old silo and then connected to the original Terminal 2. The port's contract with Royal Caribbean Cruise Lines specified that the work would be completed before the "Liberty of the Seas" was repositioned to Galveston. Both Royal Caribbean and Carnival expressed public displeasure when the project was delayed multiple times. One delay was due