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Rail News Home Short Lines & Regionals

12/13/2004



Rail News: Short Lines & Regionals

November carloads: Genesee & Wyoming tacks on traffic in North America, Australia



Last month, Genesee & Wyoming Inc.'s (GWI) North American subsidiaries moved 54,370 carloads, a 27.8 percent increase compared with November 2003. The company's half-owned Australian subsidiary increased carloads 6.3 percent to 81,371 units.

Excluding 6,738 carloads moved by four railroads GWI acquired earlier this year, North American traffic rose 11.9 percent in November compared with the same 2003 period. The "same railroad" increase primarily was driven by a 2,764-carload rise in coal traffic, according to a prepared statement.

The Australian subsidiary's traffic increase was spurred by a 3,138-carload rise in iron ore moves and 2,247-carload increase in grain moves. Carloads in all other commodities decreased by a net 542 units because of a decline in hook-and-pull traffic.

Meanwhile, GWI's fourth-quarter traffic through November rose 22.6 percent to 109,070 carloads in North America and 10.3 percent to 162,781 carloads in Australia compared with the same 2003 period.


Contact Progressive Railroading editorial staff.

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