Genesee & Wyoming, a major owner of short line and regional railroads in North America with significant operations in Australia as well, saw more positive results in July, with its traffic increasing month-to-month, year-over-year, and pro forma from volume before the Rail America acquisition. Its 2013 numbers, when compared to 2012, show extremely large increases because of that purchase. However, July 2013’s volume still was higher than the combined total of G&W and RailAmerica’s separate numbers for July 2012 by 8.8 percent.
G&W’s combined rail traffic in July 2013, including both North American and Australian rail traffic, totaled 165,072 carloads, which was 6.0 percent higher than in June 2013 and 104.2 percent higher than its traffic in July 2012, prior to the RailAmerica acquisition. G&W’s year-to-date traffic through July 2013, 1,096,355 carloads, was up 104.8 percent over the same period in 2012.
G&W’s July 2013 North American rail traffic was up 129.7 percent year-over-year and up 6.4 percent month-to-month, totaling 143,362 carloads; it bounced back from June’s monthly decline. Volume through July 2013 totaled 955,439 carloads, 131.2 percent higher than G&W’s traffic in the same period of 2012. North American traffic in July was 7.6 percent higher than the combined total of 133,214 carloads handled by G&W and RA in July 2012, a faster pace than June’s climb of 5.7 percent.
The short-line holding company’s carload growth outpaced that of the larger North American railroads as a group, both monthly and year-over-year. North American carload traffic reported by the Association of American Railroads fell 3.6 percent month-to-month and 0.8 percent year-over-year in July, while G&W’s carload traffic rose 6.4 percent from June and 7.6 percent year-over-year.
The company’s Australian rail traffic was up 17.6 percent year-over-year and up 3.0 percent month-to-month in July, its seventh consecutive month of year-over-year increases in the double digits. Volume reached 21,710 carloads for the month. Volume for the first seven months of 2013, 140,916 carloads, was 15.4 percent higher than the volume for the same period in 2012. Australian rail traffic was unaffected by the purchase of RailAmerica.