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Genesee & Wyoming March carloads increased 22%

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Staff Writer |
Genesee & Wyoming
Transportation   North American traffic increased 1.4%

Genesee & Wyoming reported good traffic volumes for March 2017 and the first quarter of 2017.

G&W’s traffic in March 2017 was 290,752 carloads, an increase of 52,455 carloads, or 22%, compared with March 2016.

G&W’s same-railroad traffic in March 2017 was 251,490 carloads, an increase of 13,193 carloads, or 5.5%, compared with March 2016.

G&W’s traffic in the first quarter of 2017 was 821,248 carloads, an increase of 139,864 carloads, or 20.5%, compared with the first quarter of 2016.

G&W’s same-railroad traffic in the first quarter of 2017 was 715,656 carloads, an increase of 34,272 carloads, or 5.0%, compared with the first quarter of 2016.

North American Operations: Traffic in March 2017 was 137,977 carloads, an increase of 3.5% compared with March 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 1.4%, primarily due to increased coal and coke traffic.

Australian Operations: Traffic in March 2017 was 55,388 carloads, including carloads from the Glencore Rail (GRail) acquisition, which closed on December 1, 2016. On a same-railroad basis, Australian traffic increased 21.3%, primarily due to increased 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 March 2017 was 97,387 carloads, an increase of 9.0% compared with March 2016, primarily due to increased intermodal and coal & coke traffic.


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