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Genesee & Wyoming Reports Traffic For June 2013 And The Second Quarter Of 2013

Stocks in this article: GWR

Carload Reporting for RailAmerica Inc. Traffic

June 2012 and the second quarter of 2012 carloads from RailAmerica Inc. railroads include eliminations of 1,598 and 5,398 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 nearly 15,000 miles of owned and leased track, 4,600 employees and over 2,000 customers. We provide rail service at 36 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 June 2013 and June 2012:

               

June 2012

             

% Change

   
North American Operations:

June

2013 (1)

G&W         RA         Pro Forma (2) G&W         Pro Forma (2)
Coal & Coke 28,240 14,746         10,526         25,272 91.5%         11.7%
Metals 14,371 6,869 5,779 12,648 109.2% 13.6%
Pulp & Paper 13,909 7,892 5,184 13,076 76.2% 6.4%
Minerals & Stone 13,871 6,121 8,203 14,324 126.6% -3.2%
Agricultural Products 13,720 3,072 12,234 15,306 346.6% -10.4%
Chemicals & Plastics 13,023 5,750 7,344 13,094 126.5% -0.5%
Lumber & Forest Products 10,781 6,081 4,620 10,701 77.3% 0.7%
Petroleum Products 8,767 2,026 4,286 6,312 332.7% 38.9%
Food or Kindred Products 3,878 862 3,597 4,459 349.9% -13.0%
Waste 3,644 1,567 1,682 3,249 132.5% 12.2%
Autos & Auto Parts 3,341 888 1,797 2,685 276.2% 24.4%
Metallic Ores 1,596 953 845 1,798 67.5% -11.2%
Intermodal 636 530 - 530 20.0% 20.0%
Other 4,908 1,238         5,125         6,363 296.4% -22.9%
Total carloads 134,685 58,595         71,222         129,817 129.9% 3.7%
Carloads from New Railroads (3) 1,384
Same-railroad carloads 133,301 58,595         71,222         129,817 127.5% 2.7%
 
(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 the Columbus & Chattahoochee Railroad, Inc. which started operations on July 1, 2012
 

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

             

2nd Qtr 2012

       

% Change

   
North American Operations:

2nd Qtr

2013 (1)

G&W         RA        

Pro

Forma (2)

G&W         Pro Forma (2)
Coal & Coke 80,345 39,686         32,827         72,513 102.5%         10.8%
Metals 44,815 23,923 18,817 42,740 87.3% 4.9%
Minerals & Stone 44,276 19,579 24,560 44,139 126.1% 0.3%
Agricultural Products 42,765 10,274 37,237 47,511 316.2% -10.0%
Chemicals & Plastics 42,331 17,198 22,184 39,382 146.1% 7.5%
Pulp & Paper 41,372 23,540 14,843 38,383 75.8% 7.8%
Lumber & Forest Products 34,506 17,699 14,253 31,952 95.0% 8.0%
Petroleum Products 28,211 5,982 11,494 17,476 371.6% 61.4%
Food or Kindred Products 13,098 2,564 11,364 13,928 410.8% -6.0%
Waste 11,104 4,968 5,551 10,519 123.5% 5.6%
Autos & Auto Parts 10,018 2,546 5,477 8,023 293.5% 24.9%
Metallic Ores 5,044 2,883 2,430 5,313 75.0% -5.1%
Intermodal 1,536 1,624 - 1,624 -5.4% -5.4%
Other 17,685 4,131         13,331         17,462 328.1% 1.3%
Total carloads 417,106 176,597         214,368         390,965 136.2% 6.7%
Carloads from New Railroads (3) 5,291
Same-railroad carloads 411,815 176,597         214,368         390,965 133.2% 5.3%
 
(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
Marquette Rail LLC and Columbus & Chattahoochee Railroad, Inc.
 

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

Australian Operations:        

June

2013

       

June

2012

       

%

Change

Agricultural Products 5,946 4,524 31.4%
Intermodal 5,619 5,288 6.3%
Minerals & Stone 5,541 5,163 7.3%
Metallic Ores 3,935 2,557 53.9%
Petroleum Products 31 26 19.2%
Total carloads 21,072 17,558 20.0%
 

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

Australian Operations:      

2nd Qtr

2013

       

2nd Qtr

2012

       

%

Change

   
Agricultural Products 18,722 16,308 14.8%
Minerals & Stone 16,443 15,959 3.0%
Intermodal 16,294 15,086 8.0%
Metallic Ores 12,335 8,265 49.2%
Petroleum Products 79 100 -21.0%
Total carloads 63,873 55,718 14.6%
 




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