Genesee & Wyoming, a major owner of short line and regional railroads in North America with significant operations in Australia as well, continued to experience year-over-year growth in June, although its traffic grew more slowly than in previous months. Its 2013 numbers, when compared to 2012, show extremely large increases because of its acquisition of RailAmerica. However, June 2013’s volume still was higher than the combined total of G&W and RailAmerica’s separate numbers for June 2012.
G&W’s combined rail traffic in June 2013, including both North American and Australian rail traffic, totaled 155,757 carloads, which was 7 percent lower than in May 2013 but 104.5 percent higher than its traffic in June 2012, prior to the RailAmerica acquisition. Notably, June traffic was also up 5.7 percent year-over-year compared with the 147,375 carloads handled by G&W and RA combined in June 2012. This year-over-year increase, however, was much lower than the 10 percent year-over-year climb in May and the 7 percent increase in April. G&W’s year-to-date traffic for the first half of 2013, 931,283 carloads, was up 105 percent over the same period in 2012.
G&W’s June 2013 North American rail traffic was up 130 percent year-over-year but down 7.3 percent month-to-month, totaling 134,685 carloads. This was the first month-to-month decline since February. Volume in the first half of 2013 totaled 812,077 carloads, 131.5 percent higher than G&W’s traffic in the same period of 2012. North American traffic in June was 3.7 percent higher than the combined total of 129,817 carloads handled by G&W and RA in June 2012, also much lower than May’s increase of nearly 10 percent.
The company’s Australian rail traffic was up 20 percent year-over-year but down 5 percent month-to-month in June, the first monthly drop since January. Volume slipped to 21,072 carloads for the month. Volume for the first six months of 2013, 119,206 carloads, was 15 percent higher than the volume for the same period in 2012. Australian rail traffic was unaffected by the purchase of RailAmerica.