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GSWR parent company RailTex was sold to RailAmerica effective February 4, 2000.
Additional ownership change came in 2002 as RailAmerica passed the railroad to local interests concurrent with the sale of several lines to the Georgia DOT, with the now independent Georgia Southwestern remaining as operator.
Traffic on the GSWR grew from 8, 600 carloads in 2002 to 13, 000 in 2007.

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