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Genesee & Wyoming Inc. Reports Traffic For July 2012

Stocks in this article: GWR

Carload Reporting for Metallic Ores Traffic

Effective January 1, 2012, a portion of GWI’s metallic ores commodity group includes intermodal containers as a result of a change in rail logistics and equipment for a customer in GWI’s Australia Region. The impact of this change increased traffic by 538 carloads in July 2012.

Historically, GWI 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.

GWI owns and operates short line and regional freight railroads and provides railcar switching services in the United States, Australia, Canada, the Netherlands and Belgium. In addition, we operate the Tarcoola to Darwin rail line, which links the Port of Darwin to the Australian interstate rail network in South Australia. Operations currently include 66 railroads organized in 10 regions, with more than 7,600 miles of owned and leased track and approximately 1,400 additional miles under track access arrangements. We provide rail service at 17 ports in North America and Europe and perform contract coal loading and railcar switching for industrial customers.

Exhibit

The table below sets forth North American carloading information for July 2012 and July 2011:

                July       July        

      2012     

      2011     

 % Change 

North America Operations:    
Coal & Coke 17,083 16,622 2.8%
Pulp & Paper 9,433 8,319 13.4%
Metals 6,302 7,137 -11.7%
Lumber & Forest Products 6,027 5,245 14.9%
Minerals & Stone 5,689 7,325 -22.3%
Chemicals & Plastics 5,646 4,902 15.2%
Farm & Food Products 4,103 4,746 -13.5%
Petroleum Products 2,575 2,466 4.4%
Metallic Ores 984 741 32.8%
Autos & Auto Parts 645 745 -13.4%
Intermodal* 428 141 203.5%
Other   3,485     8,002   -56.4%
Total carloads   62,400     66,391   -6.0%
 
* - Represents intermodal units
 
 

The table below sets forth Australian carloading information for July 2012 and July 2011:

                  July       July        

    2012    

    2011    

 % Change 

Australian Operations:    
Intermodal* 5,506 4,986 10.4%
Minerals & Stone 4,956 5,388 -8.0%
Farm & Food Products 4,724 6,137 -23.0%
Metallic Ores** 3,232 2,247 43.8%
Petroleum Products   40     50   -20.0%
Total carloads   18,458     18,808   -1.9%
 
* - Represents intermodal units
** - Includes carloads and intermodal units
 




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