Genesee & Wyoming Inc. Reports Traffic For March 2012 And The First Quarter Of 2012

Genesee & Wyoming Inc. (GWI) (NYSE: GWR) today reported traffic volumes for March 2012 and the first quarter of 2012.

GWI’s traffic in March 2012 was 77,046 carloads, a decrease of 12,088 carloads, or 13.6 percent, compared with March 2011. GWI’s traffic in the first quarter of 2012 was 222,178 carloads, a decrease of 22,378 carloads, or 9.2 percent, compared to the first quarter of 2011.

The table below sets forth consolidated carloading information for March 2012 and March 2011. Additional carload information for GWI’s North American and Australian operations is included as an exhibit to this press release.

Genesee & Wyoming Inc.
by Commodity Group					March						March
					2012						2011					% Change
Consolidated:
Farm & Food Products					11,655						10,857					7.4%
Coal & Coke					11,354						19,816					-42.7%
Minerals & Stone					10,407						11,452					-9.1%
Metals					8,764						8,551					2.5%
Pulp & Paper					8,236						8,414					-2.1%
Chemicals & Plastics					6,039						5,182					16.5%
Lumber & Forest Products					5,430						5,773					-5.9%
Intermodal*					5,243						5,434					-3.5%
Metallic Ores**					3,024						2,762					9.5%
Petroleum Products					2,708						2,584					4.8%
Autos & Auto Parts					913						1,132					-19.3%
Other					3,273						7,177					-54.4%
Total carloads					77,046						89,134					-13.6%
* - Represents intermodal units
** - Includes carloads and intermodal units

Excluding 1,310 carloads from the Arizona Eastern Railway (AZER) acquisition, which closed September 1, 2011, and 250 carloads from the Hilton & Albany Railroad, Inc. (HAL), which commenced operations on January 1, 2012, same-railroad traffic in March 2012 decreased 13,648 carloads, or 15.3 percent, compared with March 2011. Coal & coke traffic decreased 8,462 carloads primarily due to lower shipments in GWI’s Illinois, New York/Pennsylvania and Ohio Regions. GWI’s other commodity group traffic decreased 3,905 carloads primarily due to lower overhead coal shipments in GWI’s Ohio Region. Minerals & stone traffic decreased 1,252 carloads primarily due to lower shipments in GWI’s Australia and New York/Pennsylvania Regions. All remaining traffic decreased by a net 29 carloads.

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