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 than expected pace, requiring more dredging in 2016. The western part of the port will be dredged from a dept of to , at a cost of $12-15 million. To accommodate cruise ships, the area where the ships turn around is routinely dredged every four years. During the late 19th century, the port was the busiest on the Gulf Coast and considered to be second busiest in the country, next to the port of New York City. In the 1850s, the port of Galveston exported approximately goods valued almost 20 times what was imported. The main export was cotton. The