Stock Under $10 with 50-100% upside potential - 14 Days FREE!

Genesee & Wyoming Inc. Reports Traffic For July 2012

Stock quotes in this article: GWR 

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
 

   2012   

   

   2011   

 

  % Change  

Consolidated:
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.

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
TRY IT FREE

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
Dividend Stock Advisor
TRY IT FREE
New! $49.95/yr

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Stocks Under $10
TRY IT FREE

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

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Real Money
TRY IT FREE

24/7 market commentary from Jim Cramer and 20+ veteran Wall Street gurus. Get access to the latest trading ideas on stocks, options, and ETFs as well as a real-time forum to see the pros exchanging their investment ideas.

Product Features:
  • Jim Cramer + 20 Wall Street pros
  • Intraday commentary & news
  • Real-time trading forum
  • Actionable trade ideas
Real Money Pro
TRY IT FREE

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass + 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
TRY IT FREE

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
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.
DOW 15,387.58 52.30 0.34%
NASDAQ 3,502.12 5.69 0.16%
S&P 500 1,669.16 2.87 0.17%
US 10 Yr 1.944% -0.021

Brokerage Partners

Advertising Partners
Special Features

Free Newsletters from TheStreet

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

We respect your privacy. Manage Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs