Genesee & Wyoming (GWR) Sept. Traffic Up 7.5%

October 11, 2013 7:20 AM EDT
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Genesee & Wyoming Inc. (G&W) (NYSE: GWR) reported traffic volumes for September 2013 and the third quarter of 2013.

Beginning in January 2013, G&W is reporting consolidated traffic volumes including carloads from RailAmerica Inc. (RA) railroads that were previously reported separately. To provide comparative context for 2013 consolidated traffic volumes, G&W is providing supplemental 2012 carload information on a pro forma basis as though the RA railroads were owned by G&W on January 1, 2012. In addition, G&W has amended RA’s 2012 carload information to conform with G&W’s reporting methodology.

G&W’s traffic in September 2013 was 155,650 carloads, an increase of 76,411 carloads, or 96.4%, compared to G&W’s traffic in September 2012, and an increase of 10,875 carloads, or 7.5%, compared to total September 2012 carloads pro forma for the RA acquisition. G&W’s traffic in the third quarter of 2013 was 482,823 carloads, an increase of 240,040 carloads, or 98.9%, compared to G&W’s traffic in the third quarter of 2012, and an increase 30,630 carloads, or 6.8%, compared to total third quarter of 2012 carloads pro forma for the RA acquisition.

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