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
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Genesee & Wyoming Reports Traffic For February 2013

Carload Reporting for RailAmerica Inc. Traffic

February 2012 and the first quarter of 2012 through February carloads from RailAmerica Inc. railroads include eliminations of 2,382 and 4,421 carloads, respectively, compared to RailAmerica’s historically reported figures to remove duplication of traffic that interchanges with another owned railroad. This elimination conforms with G&W’s reporting policy. Also, starting in January 2013, G&W has re-allocated certain products within the reported commodity groups. The carload information included in this release presents both 2013 and 2012 on a consistent basis for these changes.

Other

Historically, G&W 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.

About G&W

G&W owns and operates short line and regional freight railroads in the United States, Australia, Canada, the Netherlands and Belgium. In addition, G&W operates the 1,400-mile Tarcoola to Darwin rail line, which links the Port of Darwin with the Australian interstate rail network in South Australia. Operations currently include 111 railroads organized in 11 regions, with more than 15,000 miles of owned and leased track, 4,500 employees and over 2,000 customers. We provide rail service at 35 ports in North America, Australia and Europe and perform contract coal loading and railcar switching for industrial customers.

For more information, visit gwrr.com.

Exhibit

The table below sets forth North American carloading information for February 2013 and February 2012:

     

February 2012

 

% Change

North American Operations:

February

2013 (1)

G&W   RA  

Pro

Forma (2)

G&W  

Pro

Forma (2)

Coal & Coke 23,815 9,672   12,397   22,069 146.2%   7.9%
Agricultural Products 14,060 5,302 10,494 15,796 165.2% -11.0%
Metals 12,985 8,948 6,016 14,964 45.1% -13.2%
Chemicals & Plastics 12,568 5,555 7,037 12,592 126.2% -0.2%
Pulp & Paper 12,459 8,205 4,367 12,572 51.8% -0.9%
Minerals & Stone 10,941 5,244 5,767 11,011 108.6% -0.6%
Lumber & Forest Products 10,231 5,111 4,467 9,578 100.2% 6.8%
Petroleum Products 8,708 2,171 4,169 6,340 301.1% 37.4%
Food or Kindred Products 4,238 807 3,939 4,746 425.2% -10.7%
Autos & Auto Parts 2,861 792 1,743 2,535 261.2% 12.9%
Waste 2,711 1,708 1,697 3,405 58.7% -20.4%
Metallic Ores 1,463 814 934 1,748 79.7% -16.3%
Intermodal 684 238 - 238 187.4% 187.4%
Other 4,703 1,582   4,181   5,763 197.3% -18.4%
Total carloads 122,427 56,149   67,208   123,357 118.0% -0.8%
Carloads from New Railroads (3) 2,759
Same-railroad carloads 119,668 56,149   67,208   123,357 113.1% -3.0%
(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.

 

The table below sets forth North American carloading information for the first quarter of 2013 through February and the first quarter of 2012 through February:

     

QTD Feb 2012

 

% Change

North American Operations:

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 31,062 9,505 22,057 31,562 226.8% -1.6%
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%
Minerals & Stone 22,513 10,321 11,641 21,962 118.1% 2.5%
Lumber & Forest Products 21,500 10,394 8,438 18,832 106.9% 14.2%
Petroleum Products 18,553 4,207 8,610 12,817 341.0% 44.8%
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%
Metallic Ores 3,210 1,734 1,904 3,638 85.1% -11.8%
Intermodal 1,180 408 - 408 189.2% 189.2%
Other 9,807 2,964   8,886   11,850 230.9% -17.2%
Total carloads 260,860 114,889   136,906   251,795 127.1% 3.6%
Carloads from New Railroads (3) 6,069
Same-railroad carloads 254,791 114,889   136,906   251,795 121.8% 1.2%
(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.

 

The table below sets forth Australian carloading information for February 2013 and February 2012:

Australian Operations:            

February

2013

     

February

2012

     

%

Change

Agricultural Products 5,204 5,612       -7.3%
Minerals & Stone 4,898 4,472 9.5%
Intermodal 4,486 4,447 0.9%
Metallic Ores 3,164 1,518 108.4%
Petroleum Products 21 47 -55.3%
Total carloads 17,773 16,096 10.4%
 

The table below sets forth Australian carloading information for the first quarter of 2013 through February and the first quarter of 2012 through February:

Australian Operations:              

QTD Feb

2013

     

QTD Feb

2012

     

%

Change

Minerals & Stone 9,829 9,497       3.5%
Agricultural Products 9,650 10,528 -8.3%
Intermodal 9,353 7,805 19.8%
Metallic Ores 6,494 2,329 178.8%
Petroleum Products 41 84 -51.2%
Total carloads 35,367 30,243 16.9%




3 of 4

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

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
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

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
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

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
Dividend Stock Advisor
Try it NOW

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
Real Money Pro
Try it NOW

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 Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

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.
Submit an article to us!
DOW 16,912.11 -70.48 -0.42%
S&P 500 1,969.95 -8.96 -0.45%
NASDAQ 4,442.6980 -2.2110 -0.05%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs