How often does Genesee and Wyoming review its strategic plans?

Genesee and Wyoming reviews its strategic plans either annually or bi-annually to ensure that the company's operations align with its long-term objectives and adapt to changing market conditions. Regular reviews are critical in the railroad industry, where factors such as economic trends, regulatory changes, and technological advancements can significantly impact operations and strategic direction. Conducting these reviews annually or bi-annually allows the company to remain agile and responsive, making informed decisions that support continued growth and efficiency.

The other options suggest frequencies that may not provide the same level of responsiveness or thoroughness necessary for effective strategic planning in a dynamic environment. A five-year review period could lead to outdated strategies in a rapidly evolving market. Monthly reviews would likely be too frequent and burdensome, potentially detracting from the ability to focus on long-term goals. Reviewing plans only during crises would be reactive rather than proactive, compromising the company's ability to navigate challenges effectively and capitalize on opportunities as they arise.