Genesee & Wyoming Inc. (G&W) (NYSE:GWR) today reported traffic volumes for November 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 November 2013 was 152,308 carloads, an increase of 77,260 carloads, or 102.9%, compared to G&W’s traffic in November 2012, and an increase of 7,826 carloads, or 5.4%, compared to total November 2012 carloads pro forma for the RA acquisition. G&W’s traffic in the fourth quarter of 2013 through November was 316,137 carloads, an increase of 160,848 carloads, or 103.6%, compared to G&W’s traffic in the fourth quarter of 2012 through November, and an increase 17,537 carloads, or 5.9%, compared to total fourth quarter of 2012 through November carloads pro forma for the RA acquisition.
The table below sets forth consolidated summary carload information for November 2013 and November 2012:
November 2013 (1)
|G&W||RA||Pro Forma (2)||G&W||Pro Forma (2)|
|Coal & Coke||27,440||13,641||10,915||24,556||101.2%||11.7%|
|Minerals & Stone||15,965||11,016||6,340||17,356||44.9%||-8.0%|
|Pulp & Paper||13,572||8,522||4,490||13,012||59.3%||4.3%|
|Chemicals & Plastics||12,262||5,681||7,633||13,314||115.8%||-7.9%|
|Lumber & Forest Products||10,661||6,166||4,522||10,688||72.9%||-0.3%|
|Food or Kindred Products||4,786||991||3,507||4,498||382.9%||6.4%|
|Autos & Auto Parts||3,339||959||1,844||2,803||248.2%||19.1%|
|(1) Total carloads from G&W and RA|
|(2) Pro forma as though GWI had acquired RailAmerica on January 1, 2012|