Genesee & Wyoming Inc., a major owner of short line and regional railroads in North America with significant operations in Australia as well, showed growth in its March 2013 and first quarter numbers. Its 2013 numbers, when compared to 2012, show extremely large increases due to its acquisition of RailAmerica. However, it is noteworthy that March 2013’s volume is also larger than the combined total of G&W and RailAmerica’s separate numbers for March 2012.
G&W’s combined rail traffic in March 2013, including both North American and Australian rail traffic, was 154,077 carloads, which was 9.9 percent higher than February 2013 and 100 percent higher than its traffic in March 2012, prior to the RailAmerica acquisition. G&W’s first quarter traffic, 450,304 carloads, was up 102.7 percent over the same period in 2012. This is almost half of 2012’s entire year volume, which was 927,094 carloads. Moreover, March traffic was up 3.5 percent year-over-year compared to the 148,879 carloads handled by G&W and RA in March 2012.
G&W’s March 2013 North American rail traffic was up 126 percent year-over-year and 9.5 percent month-to-month to 134,111 carloads. The first quarter volume was 394,971, which was 126.7 percent higher than G&W’s traffic in the same period of 2012. March North American traffic was 2.2 percent higher than the combined total of 131,200 carloads handled by G&W and RA in March 2012.
The company’s Australian rail traffic was up 12.9 percent year-over-year and 12.3 percent month-to-month in March to 19,966 carloads. The rail volume for the first quarter of 2013, 55,333 carloads, was 15.5 percent higher than the volume for the same period in 2012. Australian rail traffic was unaffected by the procurement of RailAmerica.