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Genesee & Wyoming Inc. Reports Traffic For September 2012 And The Third Quarter Of 2012

Stocks in this article: GWR

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, GWI operates the Tarcoola to Darwin rail line, which links the Port of Darwin with 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 23 ports in North America, Australia and Europe and perform contract coal loading and railcar switching for industrial customers.

RailAmerica, Inc. owns and operates short line and regional freight railroads in North America, operating a portfolio of 45 individual railroads with approximately 7,500 miles of track in 28 U.S. states and three Canadian provinces.

Exhibit

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

                   
September September
2012 2011 % Change
North America Operations:
Coal & Coke 18,095 18,821 -3.9%
Pulp & Paper 8,323 8,024 3.7%
Metals 7,705 7,720 -0.2%
Lumber & Forest Products 6,266 5,481 14.3%
Minerals & Stone 5,942 7,464 -20.4%
Chemicals & Plastics 5,173 5,238 -1.2%
Farm & Food Products 3,390 3,526 -3.9%
Petroleum Products 2,722 2,455 10.9%
Metallic Ores 1,026 1,125 -8.8%
Autos & Auto Parts 904 718 25.9%
Intermodal* 321 270 18.9%
Other 3,019 5,050 -40.2%
Total carloads 62,886 65,892 -4.6%
 
* - Represents intermodal units
 

The table below sets forth North American carloading information for the third quarter of 2012 and the third quarter of 2011:

                   
3rd Qtr 3rd Qtr
2012 2011 % Change
North America Operations:
Coal & Coke 52,990 53,553 -1.1%
Pulp & Paper 27,042 24,893 8.6%
Metals 22,182 22,748 -2.5%
Lumber & Forest Products 18,708 16,614 12.6%
Minerals & Stone 17,933 22,591 -20.6%
Chemicals & Plastics 16,665 15,449 7.9%
Farm & Food Products 11,919 13,192 -9.6%
Petroleum Products 7,939 7,439 6.7%
Metallic Ores 3,119 2,670 16.8%
Autos & Auto Parts 2,574 2,408 6.9%
Intermodal* 1,056 582 81.4%
Other 10,041 19,114 -47.5%
Total carloads 192,168 201,253 -4.5%
 
* - Represents intermodal units
 

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

                   
September September
2012 2011 % Change
Australian Operations:
Intermodal* 5,866 5,111 14.8%
Minerals & Stone 4,985 4,995 -0.2%
Metallic Ores** 2,939 1,997 47.2%
Farm & Food Products 2,532 5,574 -54.6%
Petroleum Products 31 39 -20.5%
Total carloads 16,353 17,716 -7.7%
 
* - Represents intermodal units
** - Includes carloads and intermodal units
 

The table below sets forth Australian carloading information for the third quarter of 2012 and the third quarter of 2011:

                   
3rd Qtr 3rd Qtr
2012 2011 % Change
Australian Operations:
Intermodal* 16,698 15,251 9.5%
Minerals & Stone 14,780 15,651 -5.6%
Farm & Food Products 10,450 17,651 -40.8%
Metallic Ores** 8,588 6,247 37.5%
Petroleum Products 99 137 -27.7%
Total carloads 50,615 54,937 -7.9%
 
* - Represents intermodal units
** - Includes carloads and intermodal units
 

Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: Statements in this press release regarding GWI’s business which are not historical facts are "forward-looking statements" that involve risks and uncertainties. These statements are not guarantees of future performance and are subject to certain risks, uncertainties and assumptions that are difficult to forecast. Actual results may differ materially from those expressed or forecast in these forward-looking statements. Examples of factors that could cause actual results to vary from those expressed in forward-looking statements include all statements that are not historical in nature, including statements regarding: (1) the industry and markets in which we operate and our competitive position and outlook; (2) the impact of political, social or economic conditions (including commodity demand associated with the industrialization of developing economies) on our results and our susceptibility to downturns in the general economy; (3) our operations, competitive position, growth strategy and prospects; (4) our ability to complete, integrate and benefit from acquisitions, including receipt of Surface Transportation Board approval to integrate the operations of RailAmerica, Inc., investments, joint ventures and strategic alliances, and the challenges associated with managing rapid growth and operating a global business with decentralized management and operations; (5) our indebtedness and our ability to fulfill our obligations under such indebtedness; (6) our susceptibility to severe weather conditions, climate change and other natural occurrences, which could result in shutdowns, derailments, other substantial disruptions of operations or impacts on our customers; (7) governmental policies, legislative and regulatory developments affecting our railroad operations or the operations of our customers; (8) our susceptibility to various legal claims and lawsuits; (9) our susceptibility to risks associated with doing business in foreign countries and (10) the inherent uncertainty associated with projecting economic and business conditions.

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