Wilmington Terminal Railroad
Encyclopedia
The Wilmington Terminal Railroad is a shortline railroad
Shortline railroad
A shortline railroad is a small or mid-sized railroad company that operates over a relatively short distance relative to larger, national railroad networks. The term is used primarily in the USA and Canada...

 serving the Port of Wilmington (North Carolina). It began operations in 1986 over trackage owned by the North Carolina Ports Railway Commission, whose other lines (at Morehead City) were simultaneously leased to the Carolina Rail Services Company. The company is owned by Rail Link, Inc., a subsidiary of Genesee & Wyoming Inc., which acquired it from the Rail Management Corporation
Rail Management Corporation
Rail Management Corporation , based in Panama City Beach, Florida, was a holding company of short line railroads in the southeastern United States.- History :...

 in 2005.

The Ports Railway Commission acquired the lines in 1980, and expanded its property, leased to WTRY, through a purchase of spurs from CSX Transportation
CSX Transportation
CSX Transportation operates a Class I railroad in the United States known as the CSX Railroad. It is the main subsidiary of the CSX Corporation. The company is headquartered in Jacksonville, Florida, and owns approximately 21,000 route miles...

 in 1993. In 2002, the lines were transferred to the North Carolina State Ports Authority
North Carolina State Ports Authority
The North Carolina State Ports Authority is an authority set up by the state of North Carolina to develop and operate seaports in Wilmington and Morehead City, two inland container facilities, one in Charlotte and one in Greensboro, and a marina in Southport. It is planning a large international...

, in accordance with a recently-passed state law.
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