What is one challenge faced by Genesee and Wyoming?

Increasing competition from other transportation modes is a significant challenge faced by Genesee and Wyoming. With the rise of alternative transportation options such as trucking, air freight, and shipping, the railroad industry must compete for market share. Other modes of transport can offer faster delivery times or lower costs for certain goods, which can attract customers away from rail services. As logistics evolve and companies seek flexibility and efficiency in their supply chains, railroads like Genesee and Wyoming must continuously innovate and improve their services to stay competitive. This competition pressures the railroad to enhance its operational efficiency and seek ways to differentiate its services to meet customer demands effectively.