Genesee & Wyoming Inc. (G&W) (NYSE:GWR) today reported traffic volumes for December 2013 and the fourth quarter of 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 December 2013 was 155,769 carloads, an increase of 81,240 carloads, or 109.0%, compared to G&W’s traffic in December 2012, and an increase of 15,451 carloads, or 11.0%, compared to total December 2012 carloads pro forma for the RA acquisition. G&W’s traffic in the fourth quarter of 2013 was 471,906 carloads, an increase of 242,088 carloads, or 105.3%, compared to G&W’s traffic in the fourth quarter of 2012, and an increase of 32,988 carloads, or 7.5%, compared to total fourth quarter of 2012 carloads pro forma for the RA acquisition.
The table below sets forth consolidated summary carload information for December 2013 and December 2012:
|G&W||RA||Pro Forma (2)||G&W||Pro Forma (2)|
|Coal & Coke||28,822||12,347||10,699||23,046||133.4||%||25.1||%|
|Pulp & Paper||14,848||8,639||4,878||13,517||71.9||%||9.8||%|
|Minerals & Stone||14,202||9,166||5,726||14,892||54.9||%||-4.6||%|
|Chemicals & Plastics||12,805||5,429||6,909||12,338||135.9||%||3.8||%|
|Lumber & Forest Products||9,802||5,962||4,525||10,487||64.4||%||-6.5||%|
|Food or Kindred Products||4,515||858||3,466||4,324||426.2||%||4.4||%|
|Autos & Auto Parts||2,670||802||1,455||2,257||232.9||%||18.3||%|
|(1) Total carloads from G&W and RA|
|(2) Pro forma as though G&W had acquired RailAmerica on January 1, 2012|