This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Genesee & Wyoming Inc. Reports Traffic For July 2012

Genesee & Wyoming Inc. (GWI) (NYSE: GWR) today reported traffic volumes for July 2012.

GWI’s traffic in July 2012 was 80,858 carloads, a decrease of 4,341 carloads, or 5.1 percent, compared with July 2011.

The table below sets forth consolidated carloading information for July 2012 and July 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 July July





  % Change  

Coal & Coke 17,083 16,622 2.8%
Minerals & Stone 10,645 12,713 -16.3%
Pulp & Paper 9,433 8,319 13.4%
Farm & Food Products 8,827 10,883 -18.9%
Metals 6,302 7,137 -11.7%
Lumber & Forest Products 6,027 5,245 14.9%
Intermodal* 5,934 5,127 15.7%
Chemicals & Plastics 5,646 4,902 15.2%
Metallic Ores** 4,216 2,988 41.1%
Petroleum Products 2,615 2,516 3.9%
Autos & Auto Parts 645 745 -13.4%
Other   3,485     8,002   -56.4%
Total carloads   80,858     85,199   -5.1%
* - Represents intermodal units
** - Includes carloads and intermodal units

Excluding 2,893 carloads from GWI railroads acquired within the last 12 months, same-railroad traffic in July 2012 decreased 7,234 carloads, or 8.5 percent, compared with July 2011. GWI’s other commodity group traffic decreased 4,568 carloads primarily due to no overhead coal shipments in GWI’s Ohio Region in July 2012. Minerals & stone traffic decreased 2,324 carloads primarily due to reduced rock salt shipments in GWI’s New York/Pennsylvania Region as a result of warm winter weather. Farm & food products traffic decreased 2,123 carloads primarily due to reduced shipments in GWI’s Australia and Illinois Regions. The shipment decline in the Australia Region was primarily due to an accelerated shipping schedule earlier in 2012. The shipment decline in the Illinois Region was primarily due to elevated traffic in 2011 associated with carloads diverted around flooding in the Midwest. Metals traffic decreased 1,178 carloads primarily due to reduced shipments in GWI’s Southern Region, where an expected maintenance outage affected shipment volumes in the month. All remaining traffic increased by a net 2,959 carloads.

1 of 3

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!


DOW 18,080.14 +21.45 0.12%
S&P 500 2,117.69 +4.76 0.23%
NASDAQ 5,092.0850 +36.0220 0.71%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs