Genesee & Wyoming's May traffic rose 2.3% year-over-year to 171,391 carloads, led by 6.7% increase in coal & coke
Cindy Allen
DARIEN, Connecticut
,
June 12, 2014
(press release)
–
Genesee & Wyoming Inc. (G&W) (GWR) today reported traffic volumes for May 2014. G&W’s traffic in May 2014 was 171,391 carloads, an increase of 3,864 carloads, or 2.3%, compared with May 2013. G&W’s traffic in the second quarter of 2014 through May was 341,904 carloads, an increase of 16,682 carloads, or 5.1%, compared with the second quarter of 2013 through May. The table below sets forth consolidated summary carload information for May 2014 and May 2013 by commodity group. May May % The table below sets forth consolidated summary carload information for the second quarter of 2014 through May and the second quarter of 2013 through May by commodity group. QTD May QTD May % Highlights: 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 short line and regional freight railroads in the United States, Australia, Canada, the Netherlands and Belgium. In addition, G&W Australia operates the 1,400-mile Tarcoola to Darwin rail line, which links the Port of Darwin with the interstate rail network in South Australia. Operations currently include 112 railroads organized in 11 regions, with more than 15,000 miles of owned and leased track, 4,800 employees and over 2,000 customers. G&W subsidiaries 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 May 2014 and May 2013 by commodity group. % The table below sets forth North American carloading information for the second quarter of 2014 through May and the second quarter of 2013 through May by commodity group. QTD May QTD May % The table below sets forth Australian carloading information for May 2014 and May 2013 by commodity group. % The table below sets forth Australian carloading information for the second quarter of 2014 through May and the second quarter of 2013 through May by commodity group. QTD May QTD May %
Highlights:
Consolidated G&W
2014
2013
Change
Change
Coal & Coke
29,965
28,079
1,886
6.7%
Agricultural Products
22,080
21,865
215
1.0%
Minerals & Stone
20,698
21,127
(429)
(2.0%)
Metals
17,150
15,605
1,545
9.9%
Pulp & Paper
14,705
13,595
1,110
8.2%
Chemicals & Plastics
14,117
14,700
(583)
(4.0%)
Lumber & Forest Products
12,090
11,682
408
3.5%
Petroleum Products
8,503
9,746
(1,243)
(12.8%)
Metallic Ores
6,643
6,306
337
5.3%
Intermodal
5,898
6,157
(259)
(4.2%)
Food or Kindred Products
5,336
4,545
791
17.4%
Waste
3,262
3,961
(699)
(17.6%)
Autos & Auto Parts
2,507
3,620
(1,113)
(30.7%)
Other
8,437
6,539
1,898
29.0%
Total carloads
171,391
167,527
3,864
2.3%
Consolidated G&W
2014
2013
Change
Change
Coal & Coke
58,998
52,105
6,893
13.2%
Agricultural Products
46,602
41,821
4,781
11.4%
Minerals & Stone
40,167
41,307
(1,140)
(2.8%)
Metals
33,126
30,444
2,682
8.8%
Pulp & Paper
28,796
27,463
1,333
4.9%
Chemicals & Plastics
28,708
29,308
(600)
(2.0%)
Lumber & Forest Products
23,957
23,725
232
1.0%
Petroleum Products
17,030
19,492
(2,462)
(12.6%)
Metallic Ores
12,749
11,848
901
7.6%
Intermodal
11,138
11,575
(437)
(3.8%)
Food or Kindred Products
10,470
9,220
1,250
13.6%
Waste
6,568
7,460
(892)
(12.0%)
Autos & Auto Parts
4,851
6,677
(1,826)
(27.3%)
Other
18,744
12,777
5,967
46.7%
Total carloads
341,904
325,222
16,682
5.1%
North American Operations:
May 2014
May 2013
Change
Change
Coal & Coke
29,965
28,079
1,886
6.7%
Metals
17,150
15,605
1,545
9.9%
Agricultural Products
17,044
15,371
1,673
10.9%
Minerals & Stone
16,573
15,630
943
6.0%
Pulp & Paper
14,705
13,595
1,110
8.2%
Chemicals & Plastics
14,117
14,700
(583)
(4.0%)
Lumber & Forest Products
12,090
11,682
408
3.5%
Petroleum Products
8,473
9,720
(1,247)
(12.8%)
Food or Kindred Products
5,336
4,545
791
17.4%
Waste
3,262
3,961
(699)
(17.6%)
Autos & Auto Parts
2,507
3,620
(1,113)
(30.7%)
Metallic Ores
1,632
1,733
(101)
(5.8%)
Intermodal
177
555
(378)
(68.1%)
Other
8,437
6,539
1,898
29.0%
Total carloads
151,468
145,335
6,133
4.2%
North American Operations:
2014
2013
Change
Change
Coal & Coke
58,998
52,105
6,893
13.2%
Agricultural Products
35,512
29,045
6,467
22.3%
Metals
33,126
30,444
2,682
8.8%
Minerals & Stone
32,516
30,405
2,111
6.9%
Pulp & Paper
28,796
27,463
1,333
4.9%
Chemicals & Plastics
28,708
29,308
(600)
(2.0%)
Lumber & Forest Products
23,957
23,725
232
1.0%
Petroleum Products
16,975
19,444
(2,469)
(12.7%)
Food or Kindred Products
10,470
9,220
1,250
13.6%
Waste
6,568
7,460
(892)
(12.0%)
Autos & Auto Parts
4,851
6,677
(1,826)
(27.3%)
Metallic Ores
3,545
3,448
97
2.8%
Intermodal
571
900
(329)
(36.6%)
Other
18,744
12,777
5,967
46.7%
Total carloads
303,337
282,421
20,916
7.4%
Australian Operations:
May 2014
May 2013
Change
Change
Intermodal
5,721
5,602
119
2.1%
Agricultural Products
5,036
6,494
(1,458)
(22.5%)
Metallic Ores
5,011
4,573
438
9.6%
Minerals & Stone
4,125
5,497
(1,372)
(25.0%)
Petroleum Products
30
26
4
15.4%
Total carloads
19,923
22,192
(2,269)
(10.2%)
Australian Operations:
2014
2013
Change
Change
Agricultural Products
11,090
12,776
(1,686)
(13.2%)
Intermodal
10,567
10,675
(108)
(1.0%)
Metallic Ores
9,204
8,400
804
9.6%
Minerals & Stone
7,651
10,902
(3,251)
(29.8%)
Petroleum Products
55
48
7
14.6%
Total carloads
38,567
42,801
(4,234)
(9.9%)
Thomas D. Savage, 1-203-202-8900
Vice President – Corporate Development & Treasurer
http://www.gwrr.com
© 2024 Business Wire, Inc., All rights reserved.