Genesee & Wyoming Rail Traffic Increases

Genesee & Wyoming Rail Traffic Increases

Genesee & Wyoming, a major owner of short line and regional railroads in North America with significant operations in Australia as well, showed a second continuous month of growth in April 2013. Its 2013 numbers, when compared to 2012, show extremely large increases becuase of its acquisition of RailAmerica. However, April 2013’s volume stands higher than the combined total of G&W and RailAmerica’s separate numbers for April 2012.

G&W’s combined rail traffic in April 2013, including both North American and Australian rail traffic, totaled 157,695 carloads, which was 2.3 percent higher than March 2013 and 103 percent higher than its traffic in April 2012, prior to the RailAmerica acquisition. G&W’s year-to-date traffic for the first four months of 2013, 607,999 carloads, was up 102.8 percent over the same period in 2012. Moreover, April traffic was up 7.3 percent year-over-year compared to the 146,947 carloads handled by G&W and RA combined in April 2012.

G&W’s April 2013 North American rail traffic was up 130 percent year-over-year and 2.2 percent month-to-month, totaling 137,086 carloads. Volume in the first four months of 2013 totaled 532,057, 127.6 percent higher than G&W’s traffic in the same period of 2012. North American traffic in April was 6.4 percent higher than the combined total of 128,830 carloads handled by G&W and RA in April 2012.

The company’s Australian rail traffic was up 13.8 percent year-over-year and 3.2 percent month-to-month in April to reach its highest volume since the JOC began collecting this data in January 2011 at 20,609 carloads. This was the fifth straight increase over the prior year, the fourth in a row by double-digits. The rail volume for the first four months of 2013, 75,942 carloads, was 15 percent higher than the volume for the same period in 2012. Australian rail traffic was unaffected by the procurement of RailAmerica.