Genesee & Wyoming's April traffic rose 8.1% year-over-year to 170,513 carloads, driven by 10.8% increase in North American carloads, particularly shipments of coal, agricultural products, overhead Class 1 shipments

Cindy Allen

DARIEN, Connecticut , May 8, 2014 (press release) –

Genesee & Wyoming Inc. (G&W) (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.

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.

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

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