RailAmerica reports 2.6% year-over-year decline in carloads to 69,541 in November; forest products carloads jumped 20% to 4,034 while chemicals carloads declined 11.5% to 7,021

JACKSONVILLE, Florida , December 14, 2011 (press release) – RailAmerica, Inc. (NYSE: RA - News) today reported that its total freight carloads for the month ended November 30, 2011 were 69,541, down 2.6% from 71,419 in November 2010 .

The Company increased shipments in November 2011 in seven out of twelve commodity groups compared to November 2010 . The largest increases were in Metallic Ores and Metals, Motor Vehicles and Forest Products. Metallic Ores and Metals were higher primarily due to increased shipments in the Southeast, Midwest and Central regions. Motor Vehicles were up primarily due to more shipments in the West and Northeast regions. Forest Products increased primarily due to higher shipments in the West, Central and Northeast regions.

The largest declines were in Coal, Agricultural Products and Chemicals. Coal carloads primarily reflect decreased shipments due to source shifts affecting the Indiana Southern Railroad. Agricultural Products carloads were down primarily due to fewer shipments in the Central and Midwest regions. Chemicals carloads decreased primarily due to lower shipments in the Northeast and Midwest regions.

November 2011 carloads include 563 carloads from the acquisition of three railroads in Alabama . On a "same railroad" basis, carloads declined 3.4%.

RailAmerica, Inc. owns and operates short-line and regional freight railroads in North America , operating a portfolio of 43 individual railroads with approximately 7,400 miles of track in 27 U.S. states and three Canadian provinces.

RailAmerica, Inc.

Carload Comparisons by Commodity Group

Month Ended November 30, 2011 and 2010

 
 

November

 

QTD November

 

Commodity Group

2011

2010

% Chg

 

2011

2010

% Chg

 

Coal

13,393

16,048

-16.5%

 

27,319

28,972

-5.7%

 

Agricultural Products

10,311

11,738

-12.2%

 

20,866

23,818

-12.4%

 

Chemicals

7,021

7,935

-11.5%

 

14,367

16,461

-12.7%

 

Non-Metallic Minerals and Products

6,988

6,441

8.5%

 

14,355

13,660

5.1%

 

Metallic Ores and Metals

5,548

4,489

23.6%

 

11,936

10,442

14.3%

 

Waste & Scrap Materials

5,017

4,490

11.7%

 

10,500

9,472

10.9%

 

Food or Kindred Products

5,016

4,730

6.0%

 

9,905

9,605

3.1%

 

Pulp, Paper & Allied Products

4,743

5,284

-10.2%

 

9,642

10,568

-8.8%

 

Forest Products

4,034

3,347

20.5%

 

8,050

7,183

12.1%

 

Petroleum

3,342

3,673

-9.0%

 

6,104

7,078

-13.8%

 

Other

2,773

2,594

6.9%

 

5,220

5,389

-3.1%

 

Motor Vehicles

1,355

650

108.5%

 

2,695

1,597

68.8%

 

TOTAL

69,541

71,419

-2.6%

 

140,959

144,245

-2.3%

 
                 

Less TNHR, WGCR & COEH*

(563)

     

(1,061)

     

Same Railroad

68,978

71,419

-3.4%

 

139,898

144,245

-3.0%

 

* Three Notch Railroad (TNHR), Wiregrass Central Railroad (WGCR), and Conecuh Valley Railroad (COEH)

 
               

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