Genesee & Wyoming, a major owner of short line and regional railroads in North America with significant operations in Australia as well, experienced a third straight month of growth in May. Its 2013 numbers, when compared to 2012, show extremely large increases because of its acquisition of RailAmerica. Regardless of this, May 2013’s volume stands higher than the combined total of G&W and RailAmerica’s separate numbers for May 2012.
G&W’s combined rail traffic in May 2013, including both North American and Australian rail traffic, totaled 167,527 carloads, which was 6.2 percent higher than April 2013 and 113 percent higher than its traffic in May 2012, prior to the RailAmerica acquisition. G&W’s year-to-date traffic for the first five months of 2013, 775,526 carloads, was up 105 percent over the same period in 2012. Moreover, May traffic was up 10 percent year-over-year compared with the 152,361 carloads handled by G&W and RA combined in May 2012.
G&W’s May 2013 North American rail traffic was up roughly 150 percent year-over-year and 6 percent month-to-month, totaling a new high of 145,335 carloads. Volume in the first five months of 2013 totaled 677,392, 131.8 percent higher than G&W’s traffic in the same period of 2012. North American traffic in May was 9.8 percent higher than the combined total of 132,318 carloads handled by G&W and RA in May 2012.
The company’s Australian rail traffic was up 10.7 percent year-over-year and 7.7 percent month-to-month in May, to extend its volume to a new high at 22,192 carloads. This was the sixth straight increase over the prior year, the fifth in a row by double-digits. The rail volume for the first five months of 2013, 98,134 carloads, was 14 percent higher than the volume for the same period in 2012. Australian rail traffic was unaffected by the procurement of RailAmerica.