The Wilmington Terminal Railroad (reporting mark WTRY) is a shortline railroad 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 in 2005.