Genesee & Wyoming Reports Traffic for April 2014

DARIEN, Conn.--()--Genesee & Wyoming Inc. (G&W) (NYSE:GWR) today reported traffic volumes for April 2014.

G&W’s traffic in April 2014 was 170,513 carloads, an increase of 12,818 carloads, or 8.1%, compared with April 2013.

The table below sets forth consolidated summary carload information for April 2014 and April 2013 by commodity group.

Consolidated G&W        

  April  

  2014  

         

  April  
  2013  

       

  Change  

     

  %  
  Change  

   
Coal & Coke   29,033     24,026   5,007       20.8%    
Agricultural Products 24,522 19,956 4,566 22.9%
Minerals & Stone 19,469 20,180 (711) (3.5%)
Metals 15,976 14,839 1,137 7.7%
Chemicals & Plastics 14,591 14,608 (17) (0.1%)
Pulp & Paper 14,091 13,868 223 1.6%
Lumber & Forest Products 11,867 12,043 (176) (1.5%)
Petroleum Products 8,527 9,746 (1,219) (12.5%)
Metallic Ores 6,106 5,542 564 10.2%
Intermodal 5,240 5,418 (178) (3.3%)
Food or Kindred Products 5,134 4,675 459 9.8%
Waste 3,306 3,499 (193) (5.5%)
Autos & Auto Parts 2,344 3,057 (713) (23.3%)
Other   10,307     6,238   4,069   65.2%
Total carloads   170,513     157,695   12,818   8.1%
 

Highlights:

  • North American traffic increased 14,783 carloads, or 10.8%, primarily due to increased coal, agricultural products and overhead Class 1 shipments.
  • Australian traffic decreased 1,965 carloads, or 9.5%, primarily due to decreased minerals & stone traffic.
  • Coal & coke traffic increased 5,007 carloads, or 20.8%, primarily due to increased steam coal shipments in G&W’s Midwest and Ohio Valley regions, partially offset by decreased shipments in G&W’s Central Region.
  • Agricultural products traffic increased 4,566 carloads, or 22.9%, primarily due to increased shipments in G&W’s Pacific, Canada, Central and Ohio Valley regions.
  • G&W’s Other commodity group traffic increased 4,069 carloads, or 65.2%, primarily due to overhead Class 1 shipments.
  • Traffic in all other commodity groups decreased by a net 824 carloads.

Other

Historically, G&W has found that carload information may be indicative of freight revenues on its railroads, but may not be indicative of total revenues, operating expenses, operating income or net income. Car movements related to railcar switching, including activities at port terminals, are excluded from our carload information as the resulting revenues are classified as non-freight.

About G&W

G&W owns and operates short line and regional freight railroads in the United States, Australia, Canada, the Netherlands and Belgium. In addition, G&W operates the 1,400-mile Tarcoola to Darwin rail line, which links the Port of Darwin with the Australian interstate rail network in South Australia. Operations currently include 111 railroads organized in 11 regions, with nearly 15,000 miles of owned and leased track, 4,600 employees and over 2,000 customers. We provide rail service at 37 ports in North America, Australia and Europe and perform contract coal loading and railcar switching for industrial customers.

For more information, visit gwrr.com.

Exhibit

The table below sets forth North American carloading information for April 2014 and April 2013 by commodity group.

North American Operations:        

  April  
  2014    

         

  April  
  2013  

       

  Change  

       

  %  
  Change  

   
Coal & Coke   29,033     24,026   5,007     20.8%  
Agricultural Products 18,468 13,674 4,794 35.1%
Metals 15,976 14,839 1,137 7.7%
Minerals & Stone 15,943 14,775 1,168 7.9%
Chemicals & Plastics 14,591 14,608 (17) (0.1%)
Pulp & Paper 14,091 13,868 223 1.6%
Lumber & Forest Products 11,867 12,043 (176) (1.5%)
Petroleum Products 8,502 9,724 (1,222) (12.6%)
Food or Kindred Products 5,134 4,675 459 9.8%
Waste 3,306 3,499 (193) (5.5%)
Autos & Auto Parts 2,344 3,057 (713) (23.3%)
Metallic Ores 1,913 1,715 198 11.5%
Intermodal 394 345 49 14.2%
Other   10,307     6,238   4,069   65.2%
Total carloads   151,869     137,086   14,783   10.8%
 

The table below sets forth Australian carloading information for April 2014 and April 2013 by commodity group.

Australian Operations:        

  April  

  2014  

         

  April  

  2013  

       

  Change  

       

  %  
  Change  

   
Agricultural Products   6,054     6,282   (228)     (3.6%)  
Intermodal 4,846 5,073 (227) (4.5%)
Metallic Ores 4,193 3,827 366 9.6%
Minerals & Stone 3,526 5,405 (1,879) (34.8%)
Petroleum Products   25     22     3   13.6%
Total carloads   18,644     20,609     (1,965)   (9.5%)
 

Contacts

Genesee & Wyoming Inc.
Thomas D. Savage, 1-203-202-8900
Vice President – Corporate Development & Treasurer
Web Site: http://www.gwrr.com

Release Summary

Genesee & Wyoming Inc. Reports Traffic for April 2014

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Contacts

Genesee & Wyoming Inc.
Thomas D. Savage, 1-203-202-8900
Vice President – Corporate Development & Treasurer
Web Site: http://www.gwrr.com