RailAmerica (RA) Freight Carloads Up 3.7% in June; Metallic Ores, Coals Laggers
Tweet Send to a Friend
Down)
RailAmerica, Inc. (NYSE: RA) today reported that its total freight carloads for the month ended June 30, 2012 were 72,820, up 3.7% from 70,238 in June 2011.
The Company increased shipments in June 2012 in seven out of twelve commodity groups compared to June 2011. The largest increases were in Agricultural Products, Other and Motor Vehicles. Agricultural Products volumes were up primarily due to more shipments in the Central and West regions. Other increased primarily due to higher shipments in the Northeast region. Motor Vehicles were higher primarily due to increased carloads in the Midwest and Northeast regions.
The largest declines were in Metallic Ores and Metals and Coal. Metallic Ores and Metals were lower primarily due to reduced shipments in the Northeast region. Coal decreased primarily due to lower shipments in the Midwest, Central and Northeast regions.
June 2012 carloads include 1,855 carloads from acquisitions. On a "same railroad" basis, carloads increased 1.0%.
Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW
*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here
The Company increased shipments in June 2012 in seven out of twelve commodity groups compared to June 2011. The largest increases were in Agricultural Products, Other and Motor Vehicles. Agricultural Products volumes were up primarily due to more shipments in the Central and West regions. Other increased primarily due to higher shipments in the Northeast region. Motor Vehicles were higher primarily due to increased carloads in the Midwest and Northeast regions.
The largest declines were in Metallic Ores and Metals and Coal. Metallic Ores and Metals were lower primarily due to reduced shipments in the Northeast region. Coal decreased primarily due to lower shipments in the Midwest, Central and Northeast regions.
June 2012 carloads include 1,855 carloads from acquisitions. On a "same railroad" basis, carloads increased 1.0%.
Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW
*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here
You May Also Be Interested In
- Acacia Research (ACTG) Enters Settlement with Red Hat (RHT)
- Helmerich Payne (HP) Sells 4 Million Atwood Oceanics (ATW) Shares
- Brocade (BRCD), A10 Settle Litigation; Brocade to Get $5M Cash, $70M Conv. Note
Create E-mail Alert Related Categories
Corporate News
Login with Facebook
Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
