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Rail News: Short Lines & Regionals
Last month, Genesee & Wyoming Inc.’s (GWI) North American carloads totaled 66,418 units, a 21.4 percent increase compared with October 2004.
However, on a “same railroad” basis — excluding traffic from railroads acquired between Nov. 1, 2004, and June 1, 2005 — GWI’s North American carloads fell 2.4 percent. In October, subsidiary railroads moved 957 fewer farm and food product carloads because of discontinued sugar cane business in Louisiana and Mexican subsidiary Ferrocarriles Chiapas-Mayab S.A. de C.V. moved 758 fewer carloads because of track damage caused by Hurricane Stan.
Meanwhile, half-owned subsidiary Australian Rail Group’s October carloads totaled 78,318 units, a 3.8 percent decrease compared with October 2004. Although iron ore traffic increased by 2,549 carloads, grain traffic fell by 7,737 carloads because last year’s traffic was spurred by a record harvest.
GWI owns and operates 47 regionals and short lines in the United States, Canada, Mexico, Australia and Bolivia, including 39 U.S. railroads.
11/11/2005
Rail News: Short Lines & Regionals
Genesee & Wyoming's traffic slows in October
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Last month, Genesee & Wyoming Inc.’s (GWI) North American carloads totaled 66,418 units, a 21.4 percent increase compared with October 2004.
However, on a “same railroad” basis — excluding traffic from railroads acquired between Nov. 1, 2004, and June 1, 2005 — GWI’s North American carloads fell 2.4 percent. In October, subsidiary railroads moved 957 fewer farm and food product carloads because of discontinued sugar cane business in Louisiana and Mexican subsidiary Ferrocarriles Chiapas-Mayab S.A. de C.V. moved 758 fewer carloads because of track damage caused by Hurricane Stan.
Meanwhile, half-owned subsidiary Australian Rail Group’s October carloads totaled 78,318 units, a 3.8 percent decrease compared with October 2004. Although iron ore traffic increased by 2,549 carloads, grain traffic fell by 7,737 carloads because last year’s traffic was spurred by a record harvest.
GWI owns and operates 47 regionals and short lines in the United States, Canada, Mexico, Australia and Bolivia, including 39 U.S. railroads.
