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Genesee & Wyoming January carloads increase 27.4% yoy

Staff Writer | February 14, 2017
Genesee & Wyoming (G&W) reported traffic volumes for January 2017.
Genesee & Wyoming
Transportation   240,801 carloads
G&W’s traffic in January 2017 was 278,268 carloads, an increase of 59,837 carloads, or 27.4%, compared with January 2016.

G&W’s same-railroad traffic in January 2017 was 240,801 carloads, an increase of 22,370 carloads, or 10.2%, compared with January 2016.

North American Operations: Traffic in January 2017 was 138,551 carloads, an increase of 11.4% compared with January 2016, including carloads from the Providence and Worcester Railroad Company (P&W) acquisition, which closed on November 1, 2016.

On a same-railroad basis, North American traffic increased 9.1%, primarily due to increased coal & coke, agricultural products and minerals & stone traffic.

Australian Operations: Traffic in January 2017 was 51,977 carloads, including carloads from the Glencore Rail (GRail) acquisition, which closed on December 1, 2016.

On a same-railroad basis, Australian traffic increased 14.7%, primarily due to increased agricultural products and metallic ores traffic.

Simultaneous with the GRail acquisition, G&W issued a 48.9% equity stake in its Australian Operations to Macquarie Infrastructure and Real Assets. Carload information for the Australian Operations is presented on a 100% basis.

U.K./European Operations: Traffic in January 2017 was 87,740 carloads, an increase of 11.2% compared with January 2016, primarily due to increased intermodal traffic.