Ownership Submission
FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
MELZER ROBERT M
  2. Issuer Name and Ticker or Trading Symbol
GENESEE & WYOMING INC [GWR]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__X__ Director _____ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last)
(First)
(Middle)
C/O GENESEE & WYOMING INC., 66 FIELD POINT ROAD
3. Date of Earliest Transaction (Month/Day/Year)
12/30/2004
(Street)

GREENWICH, CT 06830
4. If Amendment, Date Original Filed(Month/Day/Year)
6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Class A Common Stock, $.01 par value               12,125 D  
Class A Common Stock, $.01 par value               7,500 I by IRA

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(Month/Day/Year)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Option (Right to Buy) $ 8.4445             10/27/2000 10/26/2007 Class A Common Stock, $.01 par value 6,750 (1)   6,750 (1) D  
Stock Option (Right to Buy) $ 3.5555             10/27/2001 10/26/2008 Class A Common Stock, $.01 par value 3,375 (1)   3,375 (1) D  
Stock Option (Right to Buy) $ 3.4815             10/27/2002 10/26/2009 Class A Common Stock, $.01 par value 3,375 (1)   3,375 (1) D  
Stock Option (Right to Buy) $ 4.4445             04/14/2003 04/13/2010 Class A Common Stock, $.01 par value 3,375 (1)   3,375 (1) D  
Phantom Stock Units $ 0               (2)   (2) Class A Common Stock, $.01 par value 3,147.82 (2)   3,147.82 (2) D  
Phantom Stock Units $ 0               (2)   (2) Class A Common Stock, $.01 par value 4,553.18 (2)   4,553.18 (2) D  
Phantom Stock Units $ 0               (2)   (2) Class A Common Stock, $.01 par value 2,510.35 (2)   2,510.35 (2) D  
Phantom Stock Units $ 0               (2)   (2) Class A Common Stock, $.01 par value 1,828.58 (2)   1,828.58 (2) D  
Phantom Stock Unit $ 0               (3)   (3) Class A Common Stock, $.01 par value 492.29 (3)   492.29 (3) D  
Phantom Stock Unit $ 0               (3)   (3) Class A Common Stock, $.01 par value 888.48 (3)   888.48 (3) D  
Phantom Stock Unit $ 0               (3)   (3) Class A Common Stock, $.01 par value 487.72 (3)   487.72 (3) D  
Phantom Stock Unit $ 0               (3)   (3) Class A Common Stock, $.01 par value 201.85 (3)   201.85 (3) D  
Phantom Stock Unit $ 0               (3)   (3) Class A Common Stock, $.01 par value 481.09 (3)   481.09 (3) D  
Phantom Stock Unit $ 0               (3)   (3) Class A Common Stock, $.01 par value 1,078.49 (3)   1,078.49 (3) D  
Phantom Stock Unit $ 0               (3)   (3) Class A Common Stock, $.01 par value 575.92 (3)   575.92 (3) D  
Phantom Stock Unit $ 0               (4)   (4) Class A Common Stock, $.01 par value 802.85 (4)   802.85 (4) D  
Phantom Stock Unit $ 0               (4)   (4) Class A Common Stock $.01 par value 544.13 (4)   544.13 (4) D  
Phantom Stock Unit $ 0 12/30/2004   A   485.57 (5)     (5)   (5) Class A Common Stock $.01 par value 485.57 (5) $ 0 485.57 (5) D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
MELZER ROBERT M
C/O GENESEE & WYOMING INC.
66 FIELD POINT ROAD
GREENWICH, CT 06830
  X      

Signatures

 Thomas P. Loftus, Attorney-in-fact for Robert M. Melzer   01/03/2005
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) This option was previously reported by Mr. Melzer.
(2) These aggregated Phantom Stock Units were previously reported by Mr. Melzer. The Units were credited to Mr. Melzer's account under the Issuer's Deferred Stock Plan for Non-Employee Directors. The Units are to be settled in the Issuer's Common Stock on a deferred basis pursuant to Mr. Melzer's prior election.
(3) This Phantom Stock Unit was previously reported by Mr. Melzer. The Unit was credited to Mr. Melzer's account under the Issuer's Deferred Stock Plan for Non-Employee Directors. The Unit is to be settled in the Issuer's Common Stock on a deferred basis pursuant to Mr. Melzer's prior election.
(4) This Phantom Stock Unit was previously reported by Mr. Melzer. The Unit was credited to Mr. Melzer's account under the Issuer's 2004 Omnibus Incentive Plan. The Unit is to be settled in the Issuer's Common Stock on a deferred basis pursuant to Mr. Melzer's prior election.
(5) This Phantom Stock Unit was credited to Mr. Melzer's account on 12/30/04 at $28.06 per share under the Issuer's 2004 Omnibus Incentive Plan in a transaction exempt under Rule 16b-3. The Unit is to be settled in the Issuer's Common Stock on a deferred basis pursuant to Mr. Melzer's prior election.

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