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Rail News Home Short Lines & Regionals

7/12/2006



Rail News: Short Lines & Regionals

RailAmerica's carloads decline for fifth-straight month



In June, RailAmerica Inc. subsidiary railroads moved 102,824 carloads, a 2.5 percent decrease compared with June 2005. The short-line holding company now has posted carload declines in five consecutive months.

Excluding carloads associated with railroads or portions of railroads sold or acquired after Jan. 1, 2005, June’s “same railroad” traffic dropped 1 percent to 99,707 units.

The railroads reported monthly declines in 10 of 14 commodity groups, including paper, petroleum products, and lumber and forest products. A native Indian blockade in Caledonia, Ontario, reduced Southern Ontario Railway’s petroleum product moves in mid-June.

During 2006’s first half, RailAmeria railroads moved 638,932 carloads, a 2.7 percent decrease compared with the same 2005 period. Same railroad carloads totaling 617,255 units dropped 1.7 percent.

RailAmerica owns and operates 42 regionals and short lines in the United States and Canada.


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