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TheStreet Open House

Genesee & Wyoming Reports Traffic For February 2013

The tables below set forth consolidated summary carload information for the first quarter of 2013 through February and the first quarter of 2012 through February:

     

QTD Feb 2012

 

% Change

Consolidated G&W

QTD Feb

2013 (1)

G&W   RA  

Pro

Forma (2)

G&W  

Pro

Forma (2)

Coal & Coke 51,182 22,808   24,739   47,547 124.4%   7.6%
Agricultural Products 40,712 20,033 22,057 42,090 103.2% -3.3%
Minerals & Stone 32,342 19,818 11,641 31,459 63.2% 2.8%
Pulp & Paper 27,489 16,572 9,244 25,816 65.9% 6.5%
Metals 27,381 17,869 12,234 30,103 53.2% -9.0%
Chemicals & Plastics 26,999 11,463 14,329 25,792 135.5% 4.7%
Lumber & Forest Products 21,500 10,394 8,438 18,832 106.9% 14.2%
Petroleum Products 18,594 4,291 8,610 12,901 333.3% 44.1%
Intermodal 10,533 8,213 - 8,213 28.2% 28.2%
Metallic Ores 9,704 4,063 1,904 5,967 138.8% 62.6%
Food or Kindred Products 8,711 1,578 8,007 9,585 452.0% -9.1%
Waste 5,947 3,573 3,501 7,074 66.4% -15.9%
Autos & Auto Parts 5,326 1,493 3,316 4,809 256.7% 10.8%
Other 9,807 2,964   8,886   11,850 230.9% -17.2%
Total carloads 296,227 145,132   136,906   282,038 104.1% 5.0%
Carloads from New Railroads (3) 6,069
Same-railroad carloads 290,158 145,132   136,906   282,038 99.9% 2.9%
(1) Total carloads from G&W and RA
(2) Pro forma as though GWI had acquired RailAmerica on January 1, 2012

(3) Total carloads from rail operations commenced or acquired by G&W and RA in the last 12 months, including Wellsboro & Corning Railroad, Marquette Rail LLC and Columbus & Chattahoochee Railroad, Inc.

 

Excluding 6,069 total carloads from the Wellsboro & Corning Railroad, LLC, which RailAmerica acquired on April 9, 2012, Marquette Rail LLC, which RailAmerica acquired on May 1, 2012, and the Columbus & Chattahoochee Railroad, Inc., which G&W commenced operations on July 1, 2012, pro forma same-railroad traffic increased 8,120 carloads, or 2.9%, compared with the first quarter of 2012 through February. The traffic increase was principally due to increases of 5,364 carloads of petroleum products traffic (primarily crude oil and liquid propane gases in G&W’s Pacific, Mountain West, Southern and Canada Regions), 3,737 carloads of metallic ores traffic (primarily G&W’s Australia Region) and 3,635 carloads of coal & coke traffic (primarily G&W’s Midwest Region), partially offset by a decrease of 2,905 carloads of metals traffic (primarily G&W’s Canada and Southern Regions). All remaining traffic decreased by a net 1,711 carloads.

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