Genesee & Wyoming Inc. (G&W) (NYSE:GWR) today reported traffic volumes for October 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 October 2013 was 163,829 carloads, an increase of 83,588 carloads, or 104.2%, compared to G&W’s traffic in October 2012, and an increase of 9,711 carloads, or 6.3%, compared to total October 2012 carloads pro forma for the RA acquisition.
The table below sets forth consolidated summary carload information for October 2013 and October 2012:
October 2013 (1)
|G&W||RA||Pro Forma (2)||G&W||Pro Forma (2)|
|Coal & Coke||26,698||15,553||10,447||26,000||71.7%||2.7%|
|Minerals & Stone||19,920||11,807||7,014||18,821||68.7%||5.8%|
|Pulp & Paper||14,508||8,817||5,064||13,881||64.5%||4.5%|
|Chemicals & Plastics||14,021||5,819||7,566||13,385||141.0%||4.8%|
|Lumber & Forest Products||11,912||6,646||4,826||11,472||79.2%||3.8%|
|Food or Kindred Products||5,615||1,178||4,193||5,371||376.7%||4.5%|
|Autos & Auto Parts||3,503||861||2,126||2,987||306.9%||17.3%|
|(1) Total carloads from G&W and RA|
|(2) Pro forma as though G&W had acquired RailAmerica on January 1, 2012|