RailAmerica (RA) Shows Modest Drop in April Carloads
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RailAmerica, Inc. (NYSE: RA) reports that total freight carloads in April 2012 were 71,936 compared with 72,081 in April 2011.
The Company increased shipments in April 2012 in eight out of twelve commodity groups compared to April 2011. The largest increases were in Motor Vehicles, Petroleum and Other. Motor Vehicles were up primarily due to increased carloads in the Midwest region. Petroleum was higher primarily due to increased shipments in the Midwest and West regions. Other increased primarily due to higher shipments in the Northeast and Central regions.
The Company increased shipments in April 2012 in eight out of twelve commodity groups compared to April 2011. The largest increases were in Motor Vehicles, Petroleum and Other. Motor Vehicles were up primarily due to increased carloads in the Midwest region. Petroleum was higher primarily due to increased shipments in the Midwest and West regions. Other increased primarily due to higher shipments in the Northeast and Central regions.
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