Genesee & Wyoming Inc. (G&W) (NYSE:GWR) today reported traffic volumes for August 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 August 2013 was 162,101 carloads, an increase of 79,415 carloads, or 96.0%, compared to G&W’s traffic in August 2012, and an increase of 6,355 carloads, or 4.1%, compared to total August 2012 carloads pro forma for the RA acquisition. G&W’s traffic in the third quarter of 2013 through August was 327,173 carloads, an increase of 163,629 carloads, or 100.1%, compared to G&W’s traffic in the third quarter of 2012 through August, and an increase 19,755 carloads, or 6.4%, compared to total third quarter of 2012 through August carloads pro forma for the RA acquisition.
The table below sets forth consolidated summary carload information for August 2013 and August 2012:
August 2013 (1)
|G&W||RA||Pro Forma (2)||G&W||Pro Forma (2)|
|Coal & Coke||27,090||17,805||11,166||28,971||52.1%||-6.5%|
|Minerals & Stone||19,368||11,197||8,353||19,550||73.0%||-0.9%|
|Pulp & Paper||15,016||9,353||5,201||14,554||60.5%||3.2%|
|Chemicals & Plastics||14,037||5,977||7,820||13,797||134.9%||1.7%|
|Lumber & Forest Products||11,328||6,369||4,961||11,330||77.9%||0.0%|
|Food or Kindred Products||4,517||1,066||4,130||5,196||323.7%||-13.1%|
|Autos & Auto Parts||3,277||1,025||1,462||2,487||219.7%||31.8%|
|(1) Total carloads from G&W and RA|
|(2) Pro forma as though GWI had acquired RailAmerica on January 1, 2012|