Galveston Railroad cash and assume $1.7 million in company debt to gain control of 14 short line railroads from RMC across the southeastern United States, as of June 1, 2005. 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
Port of Galveston terminals were closed for several months, forcing Carnival to use the Bayport Cruise Terminal temporarily. At Carnival's behest, the port embarked on major improvements to Terminal 1 in 2010. The terminal was expanded to provide more seating, restrooms, and security screening stations. In 2011, Carnival added a second year-round ship in Galveston, the "Carnival Triumph", increasing their capacity by 40%. The following year, Carnival transferred the "Carnival Magic", to Galveston, marking the first time that a cruise line had based its newest ship at this port. Both Princess Cruise Lines and Disney Cruise Lines stationed ships in Galveston for the