Providence and Worcester Railroad Company

Providence and Worcester Railroad Company

PWX
Providence and Worcester Railroad CompanyUS flagNASDAQ
25.03
USD
+0.07
- -
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Capital Structure

FRC

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Working Capital

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Growth Rates

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Quarterly Revenue

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Quarterly Earnings Per Share

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Quarterly Dividends Per Share

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Company Description

APIChat
Sector
Industrials
Industry
Railroads
Address
IPO Date
Apr 1, 1993
Business
Providence and Worcester Railroad Company (NYSE American: PWX) operates as a regional freight carrier providing rail transportation services across the northeastern United States. The company offers switching and terminal services; local and through freight transportation of various commodities, including steel, lumber, chemicals, ores, minerals, forest products, plastics, petroleum products, and metals; and transloading services for bulk commodities. It serves industrial customers such as steel mills, lumber yards, chemical manufacturers, and energy producers through its network connecting major ports, rail yards, and industrial hubs. Providence and Worcester Railroad Company maintains operations primarily in Connecticut, Rhode Island, Massachusetts, New York, and Pennsylvania, with strategic access to Class I railroads like CSX Transportation and Norfolk Southern Railway. Founded in 1844 and headquartered in Northbridge, Massachusetts, the company functions as a subsidiary of Short Line Holdings, Inc., focusing on short-line rail services within the transportation and logistics industry. In recent developments, the company has expanded its operational footprint through enhanced intermodal capabilities and partnerships with larger rail networks to support growing freight demand in energy and manufacturing sectors, with no major acquisitions, funding rounds, or name changes reported in the last two years.