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
Galveston Bay snapper. In 2007, the Port of Galveston produced of seafood with a value of $40.1 million. Galveston Bay supports a significant recreation and tourism industry, especially as a result of its proximity to major population centers. Over 40% of Greater Houston residents participate annually in hiking and swimming along the bay, while 20% go fishing and 15% go boating. The five counties surrounding the bay are home to 88,000 registered pleasure crafts. Fishing expenditures (such as the purchase of fishing bait or lodging) along Galveston Bay and Sabine Lake generate approximately $650 million annually. The recreational fishing industry supports over