Genesee & Wyoming Inc. (G&W) (NYSE: GWR) today reported traffic volumes for July 2013.
Beginning in January 2013, G&W is reporting consolidated traffic volumes including carloads from RailAmerica Inc. (RA) railroads that were previously reported separately. To provide comparative context for 2013 consolidated traffic volumes, G&W is providing supplemental 2012 carload information on a pro forma basis as though the RA railroads were owned by G&W on January 1, 2012. In addition, G&W has amended RA’s 2012 carload information to conform with G&W’s reporting methodology.
G&W’s traffic in July 2013 was 165,072 carloads, an increase of 84,214 carloads, or 104.2%, compared to G&W’s traffic in July 2012, and an increase of 13,400 carloads, or 8.8%, compared to total July 2012 carloads pro forma for the RA acquisition.
The table below sets forth consolidated summary carload information for July 2013 and July 2012:
|July 2012||% Change|
|G&W||RA||Pro Forma (2)||G&W||Pro Forma (2)|
|Coal & Coke||28,695||17,083||12,699||29,782||68.0%||-3.6%|
|Minerals & Stone||19,743||10,659||7,471||18,130||85.2%||8.9%|
|Pulp & Paper||15,085||9,484||4,804||14,288||59.1%||5.6%|
|Chemicals & Plastics||14,247||5,795||7,480||13,275||145.8%||7.3%|
|Lumber & Forest Products||10,927||6,032||4,270||10,302||81.2%||6.1%|
|Food or Kindred Products||4,368||924||3,779||4,703||372.7%||-7.1%|
|Autos & Auto Parts||2,648||645||1,748||2,393||310.5%||10.7%|
|(1) Total carloads from G&W and RA|
|(2) Pro forma as though GWI had acquired RailAmerica on January 1, 2012|