Providence and Worcester Railroad Company

P&W interchanges freight traffic with CSX Transportation, Inc. at Worcester, MA and at New Haven, CT; with Pan Am Railways, Inc. at Worcester, MA; with Pan Am Southern LLC and Norfolk Southern Railway Company at Gardner, MA; with the New England Central Railroad (“NECR”) and Canadian Pacific Railway at Willimantic, CT; with the New York and Atlantic Railroad at Fresh Pond Junction (Queens), NY; with the Connecticut Southern Railroad at Hartford, CT; with Canadian National Railway Company through a cooperative operating arrangement with the NECR over the “Great Eastern Route” at East Alburg, VT; and with the Canadian Pacific Railway through a cooperative operating agreement with the NECR and Vermont Rail Systems over the “Great Eastern Route” at Whitehall, NY. It operates four classification yards in Worcester, MA, Cumberland, RI, and Plainfield and New Haven, CT. The Worcester, MA and Plainfield, CT locations also house equipment maintenance facilities.

P&W transports a wide variety of commodities for its approximately 140 customers, including automobiles, construction aggregates, iron and steel products, chemicals and plastics (including ethanol), lumber, scrap metals, plastic resins, cement, limestone, construction and demolition debris, and processed foods and edible foodstuffs, such as corn syrup and vegetable oils.

By agreement with a private operator, P&W also serves an approved customs-bonded intermodal yard in Worcester, primarily for the movement of container traffic from the Far East destined for points in New England. Several major container ship lines utilize double-stack train service through this terminal. The Company works closely with the terminal operator to develop and maintain strong relationships with steamship lines involved in international intermodal transportation.

P&W also generates income through sales of properties, grants of easements and licenses, and leases of land and tracks.

Parent Company
Genesee & Wyoming
Worcester, US
Providence and Worcester Railroad Company was founded in 1844 and is headquartered in Worcester, US

Providence and Worcester Railroad Company Office Locations

Providence and Worcester Railroad Company has an office in Worcester
Worcester, US (HQ)
1 75 Hammond St

Providence and Worcester Railroad Company Data and Metrics

Providence and Worcester Railroad Company Summary

Founding Date

Providence and Worcester Railroad Company is a subsidiary of Genesee & Wyoming

Providence and Worcester Railroad Company Financial Metrics

USDFY, 2013FY, 2014FY, 2015


2.6 m6.4 m6.3 m


508 k634 k621 k

Current Assets

10.5 m13.5 m12.8 m


85.6 m86 m88.9 m

Total Assets

108.5 m111.9 m114.2 m

Accounts Payable

3.7 m3.9 m4.3 m

Total Debt

1 m

Current Liabilities

5.7 m5.9 m6.2 m

Additional Paid-in Capital

37.6 m37.9 m38.1 m

Retained Earnings

36.7 m39.1 m40.1 m

Total Equity

76.8 m79.4 m80.6 m

Debt to Equity Ratio

0 x

Debt to Assets Ratio

0 x

Financial Leverage

1.4 x1.4 x1.4 x
USDFY, 2013FY, 2014FY, 2015

Net Income

1.4 m3.2 m1.8 m

Depreciation and Amortization

3.5 m3.5 m3.7 m

Accounts Receivable

(1.3 m)1.6 m(692 k)


(329 k)241 k13 k

Accounts Payable

(203 k)260 k(35 k)

Cash From Operating Activities

5.3 m7.5 m4.7 m

Purchases of PP&E

(3.4 m)(4.6 m)(6.4 m)

Cash From Investing Activities

(3.3 m)(3.3 m)(6.3 m)

Dividends Paid

(778 k)(782 k)(781 k)

Cash From Financing Activities

(336 k)(387 k)

Income Taxes Paid

533 k

Traffic Overview of Providence and Worcester Railroad Company

Providence and Worcester Railroad Company Online and Social Media Presence

Providence and Worcester Railroad Company Company Life and Culture

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