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Rail News Home Short Lines & Regionals

9/15/2006



Rail News: Short Lines & Regionals

Genesee & Wyoming's 'same railroad' carloads decline in August


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Yesterday, Genesee & Wyoming Inc. (GWI) reported August carloads totaling 77,276 units, a 13.4 percent increase compared with August 2005 traffic.

However, excluding carloads from Genesee & Wyoming Australia and the Chattahoochee Bay Railroad, which GWI began operating in summer, “same railroad” traffic decreased 1.8 percent. Lingering problems in the Mexico Region — where a portion of track has remained inoperable since Hurricane Stan struck in October 2005 — and soft lumber and forest products, and farm and food products traffic caused the decline, the short-line holding company said.

In July and August, GWI’s total carloads rose 12.7 percent but same railroad carloads fell 2.2 percent compared with traffic moved during the same two-month period last year.


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