RailAmerica (RA) January Total Freight Carloads Increased 4%
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RailAmerica, Inc. (NYSE: RA) reports that its total freight carloads in January 2012 were 71,737, up 4.0% from 68,963 in January 2011.
The Company increased shipments in January 2012 in seven out of twelve commodity groups compared to January 2011. The largest increases were in Other, Forest Products and Motor Vehicles. Other was up primarily due to a non-recurring move in the Central region driven by a Class I partner diverting traffic to one of our roads. Forest Products increased primarily due to higher shipments in the West and Northeast regions. Motor Vehicles were higher primarily due to increased shipments in the West and Midwest regions.
The largest declines were in Coal and Petroleum. Coal carloads were lower primarily due to fewer shipments in the Central region largely due to mild weather. Petroleum carloads decreased primarily due to lower shipments in the West region.
The Company increased shipments in January 2012 in seven out of twelve commodity groups compared to January 2011. The largest increases were in Other, Forest Products and Motor Vehicles. Other was up primarily due to a non-recurring move in the Central region driven by a Class I partner diverting traffic to one of our roads. Forest Products increased primarily due to higher shipments in the West and Northeast regions. Motor Vehicles were higher primarily due to increased shipments in the West and Midwest regions.
The largest declines were in Coal and Petroleum. Coal carloads were lower primarily due to fewer shipments in the Central region largely due to mild weather. Petroleum carloads decreased primarily due to lower shipments in the West region.
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