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5/12/2005



Rail News: Rail Industry Trends

Genesee & Wyoming's April carloads rise in North America, fall in Australia



Last month, Genesee & Wyoming Inc.’s (GWI) North American and Australian carloads totaled 57,787 units and 78,102 units, respectively, a 7.8 percent increase and 5.5 percent decrease compared with April 2004.

Excluding carloads from the Tazewell & Peoria and First Coast railroads, which GWI started operating Nov. 1, 2004, and April 9, 2005, respectively, the company’s North American traffic rose 2 percent in April compared with last year. The “same railroad” increase primarily was driven by pulp and paper, and lumber and forest products traffic.

Monthly traffic at GWI’s half-owned Australian subsidiary was affected by a 6,356-unit drop in grain carloads compared with spring 2004’s record harvest. However, the subsidiary’s bauxite traffic increased by 2,131 carloads.

GWI owns and operates regionals and short lines in the United States, Canada, Mexico, Australia and Bolivia.


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