Genesee & Wyoming Reports Traffic for December 201
Post# of 94141
Posted On: 01/14/2016 6:42:18 AM
Genesee & Wyoming Reports Traffic for December 2015 and the Fourth Quarter of 2015
Source: Business Wire
Genesee & Wyoming Inc. (G&W) (NYSE:GWR) today reported traffic volumes for December 2015 and the fourth quarter of 2015.
G&W’s traffic in December 2015 was 214,781 carloads, an increase of 40,074 carloads, or 22.9%, compared with December 2014. G&W’s same-railroad traffic in December 2015 was 140,100 carloads, a decrease of 34,607 carloads, or 19.8%, compared with December 2014.
G&W’s traffic in the fourth quarter of 2015 was 712,623 carloads, an increase of 202,482 carloads, or 39.7%, compared with the fourth quarter of 2014. G&W’s same-railroad traffic in the fourth quarter of 2015 was 427,455 carloads, a decrease of 82,686, or 16.2%, compared with the fourth quarter of 2014.
The table below sets forth summary total carloads by segment for December 2015 and December 2014.
Segment
December
2015
December
2014
Change
%
Change
North American Operations126,376155,177(28,801)(18.6%)Australian Operations16,25719,530(3,273)(16.8%)U.K./European Operations(1)72,148n/an/an/aTotal G&W Operations214,781174,70740,07422.9% (1) Operations from the Freightliner Group acquired on March 25, 2015
December 2015 Highlights by Segment
North American Operations: Traffic in December 2015 was 126,376 carloads, a decrease of 18.6% compared with December 2014. On a same-railroad basis, traffic declined 31,334 carloads, or 20.2%. The decrease was primarily due to reduced shipments of coal & coke, metals, minerals & stone and agricultural products traffic.Australian Operations: Traffic in December 2015 was 16,257 carloads, a decrease of 16.8% compared with December 2014. The decrease was primarily due to reduced metallic ores shipments from previously announced closures of customer iron ore mines and a recent suspension of rail shipments from a customer manganese mine.U.K./European Operations: Traffic was 72,148 carloads in December 2015. Traffic in December 2015 was led by intermodal traffic in the U.K. and continental Europe as well as minerals & stone traffic in Poland and the U.K.
The table below sets forth North American Operations carload information for December 2015 and December 2014 by commodity group.
North American Operations:
December
2015
December
2014
Change
% Change
Agricultural Products17,51020,102(2,592)(12.9%)Autos & Auto Parts2,2382,922(684)(23.4%)Chemicals & Plastics13,94715,305(1,358)(8.9%)Coal & Coke16,67733,305(16,628)(49.9%)Food & Kindred Products5,0815,410(329)(6.1%)Intermodal659(53)(89.8%)Lumber & Forest Products11,58310,9016826.3%Metallic Ores2,1602,0141467.2%Metals10,20214,871(4,669)(31.4%)Minerals & Stone14,50316,217(1,714)(10.6%)Petroleum Products9,0879,369(282)(3.0%)Pulp & Paper14,77015,265(495)(3.2%)Waste3,0383,284(246)(7.5%)Other5,5746,153(579)(9.4%)Total carloads126,376155,177(28,801)(18.6%)Carloads from New Railroads(1)2,533Same-railroad carloads123,843155,177(31,334)(20.2%)
(1) Total carloads from North American rail operations commenced or acquired by G&W in the last 12 months, including the Arkansas Midland Railroad, the Prescott & Northwestern Railroad and the Warren & Saline River Railroad. These railroads contributed 1,411 carloads of minerals & stone traffic, 498 carloads of lumber & forest products traffic, 228 carloads of chemicals & plastics traffic and 396 carloads from all other commodities.
The following highlights relate to North American same-railroad traffic, excluding traffic from the Arkansas Midland Railroad, the Prescott & Northwestern Railroad and the Warren & Saline River Railroad, which were acquired on January 5, 2015.
North American Operations traffic decreased 31,334 carloads, or 20.2%, primarily due to reduced shipments of coal & coke, metals, minerals & stone and agricultural products traffic.Coal & coke traffic decreased 16,628 carloads, or 49.9%, primarily due to decreased shipments in G&W’s Midwest, Central, Ohio Valley, Northeast and Mountain West regions.Metals traffic decreased 4,731 carloads, or 31.8%, primarily due to decreased shipments in G&W’s Southern, Ohio Valley and Northeast regions.Minerals & stone traffic decreased 3,125 carloads, or 19.3%, primarily due to decreased shipments in G&W’s Northeast, Central and Midwest regions.Agricultural products traffic decreased 2,658 carloads, or 13.2%, primarily due to decreased shipments in G&W’s Mountain West, Ohio Valley and Pacific regions.All remaining traffic decreased by a net 4,192 carloads.
The table below sets forth Australian Operations carload information for December 2015 and December 2014 by commodity group.
Australian Operations:
December
2015
December
2014
Change
%
Change
Agricultural Products4,4844,615(131)(2.8%)Intermodal5,3885,501(113)(2.1%)Metallic Ores7164,359(3,643)(83.6%)Minerals & Stone5,6455,02961612.2%Petroleum Products2426(2)(7.7%)Total carloads16,25719,530(3,273)(16.8%)
The decrease in Australian Operations traffic was primarily due to reduced metallic ores shipments from previously announced closures of customer iron ore mines and a recent suspension of rail shipments from a customer manganese mine.
The table below sets forth U.K./European Operations carload information for December 2015 by commodity group.
U.K./European Operations:
December
2015
Agricultural Products157Coal & Coke7,084Intermodal54,628Minerals & Stone9,808Other471Total carloads72,148
Traffic volumes in the U.K./Europe operating segment include operations from Freightliner. G&W’s existing European operations are not reported as freight revenues and therefore are not included in this traffic report. As a result, there is no traffic information provided for the comparative period in the prior year for this segment.
Fourth Quarter of 2015 Traffic
The table below sets forth summary total carloads by segment for the fourth quarter of 2015 and the fourth quarter of 2014.
Segment
Q4 2015
Q4 2014Change
%
Change
North American Operations388,228455,785(67,557)(14.8%)Australian Operations46,24554,356(8,111)(14.9%)U.K./European Operations(1)278,150n/an/an/aTotal G&W Operations712,623510,141202,48239.7% (1) Operations from the Freightliner Group acquired on March 25, 2015
The table below sets forth North American Operations carload information for the fourth quarter of 2015 and the fourth quarter of 2014 by commodity group.
North American Operations:
Q4 2015
Q4 2014Change
% Change
Agricultural Products53,46356,612(3,149)(5.6%)Autos & Auto Parts6,0689,432(3,364)(35.7%)Chemicals & Plastics43,49343,1533400.8%Coal & Coke53,00493,047(40,043)(43.0%)Food & Kindred Products15,27015,937(667)(4.2%)Intermodal29542(513)(94.6%)Lumber & Forest Products34,68433,5491,1353.4%Metallic Ores6,042
5,619
4237.5%Metals29,68345,122(15,439)(34.2%)Minerals & Stone49,72451,231(1,507)(2.9%)Petroleum Products26,60526,2493561.4%Pulp & Paper43,20644,447(1,241)(2.8%)Waste9,95710,076(119)(1.2%)Other17,00020,769(3,769)(18.1%)Total carloads388,228455,785(67,557)(14.8%)Carloads from New Railroads(1)7,018Same-railroad carloads381,210455,785(74,575)(16.4%)
(1) Total carloads from North American rail operations commenced or acquired by G&W in the last 12 months, including the Arkansas Midland Railroad, the Prescott & Northwestern Railroad and the Warren & Saline River Railroad. These railroads contributed 3,373 carloads of minerals & stone traffic, 1,425 carloads of lumber & forest products traffic, 1,012 carloads of chemicals & plastics traffic and 1,208 carloads from all other commodities.
The table below sets forth Australian Operations carload information for the fourth quarter of 2015 and the fourth quarter of 2014 by commodity group.
Australian Operations:
Q4 2015
Q4 2014
Change
%
Change
Agricultural Products10,6809,3121,36814.7%Intermodal15,60816,575(967)(5.8%)Metallic Ores3,30814,347(11,039)(76.9%)Minerals & Stone16,57214,0472,52518.0%Petroleum Products777522.7%Total carloads46,24554,356(8,111)(14.9%)
The table below sets forth U.K./European Operations carload information for the fourth quarter of 2015 by commodity group.
U.K./European Operations:
Q4 2015
Agricultural Products234Coal & Coke17,711Intermodal215,644Minerals & Stone42,071Other2,490Total carloads278,150
Other
The term carload represents physical railcars and estimated railcar equivalents of commodities for which G&W is paid on a metric ton or other measure to move freight, as well as intermodal units.
Historically, G&W has found that traffic information may be indicative of freight revenues on its railroads. Freight revenues are revenues for which G&W is paid on a per car, per container or per ton basis to move freight. Activities such as railcar switching, port terminal shunting, traction services and other similar freight-related services are excluded from our traffic information as the resulting revenues are not classified as freight revenue. Traffic information may not be indicative of total operating revenues, operating expenses, income from operations or net income.
G&W’s three reportable segments are summarized as follows:
The North American Operations segment is comprised of nine operating regions in the U.S. and Canada. This segment represents approximately 57% of G&W’s total operating revenues and approximately 75% of G&W’s total income from operations.The Australian Operations segment is comprised of G&W’s existing operations in Australia and the newly-acquired Freightliner Australia operations. This segment represents approximately 12% of G&W’s total operating revenues and approximately 14% of G&W’s total income from operations. Revenues from Freightliner’s Australia operations are not reported as freight revenues and therefore are not included in this traffic report.The U.K./European Operations segment is comprised of Freightliner’s operations in the U.K. and continental Europe and G&W’s existing European port shunting operations. This segment represents approximately 31% of G&W’s total operating revenues and approximately 11% of G&W’s total income from operations. G&W’s existing European port shunting operations are not reported as freight revenues and therefore are not included in this traffic report. As a result, there is no traffic information provided for the comparative period in the prior year for this segment.
About G&W
Genesee & Wyoming owns or leases 120 freight railroads worldwide that are organized in 11 operating regions with 7,500 employees and more than 2,500 customers.
G&W’s nine North American regions serve 41 U.S. states and four Canadian provinces and include 113 short line and regional freight railroads with more than 13,000 track-miles.G&W’s Australia Region provides rail freight services in New South Wales, the Northern Territory and South Australia and operates the 1,400-mile Tarcoola-to-Darwin rail line.G&W’s U.K./Europe Region is led by Freightliner, the U.K.’s largest rail maritime intermodal operator and second-largest rail freight company. Operations also include heavy-haul in Poland and Germany and cross-border intermodal services connecting Northern European seaports with key industrial regions throughout the continent.
G&W subsidiaries provide rail service at more than 40 major ports in North America, Australia and Europe and perform contract coal loading and railcar switching for industrial customers.
For more information, visit gwrr.com.

View source version on businesswire.com:http://www.businesswire.com/news/home/20160114005303/en/
Genesee & Wyoming Inc.
Thomas D. Savage, 1-203-202-8900
Vice President – Corporate Development & Treasurer
http://www.gwrr.com
Source: Business Wire
Genesee & Wyoming Inc. (G&W) (NYSE:GWR) today reported traffic volumes for December 2015 and the fourth quarter of 2015.
G&W’s traffic in December 2015 was 214,781 carloads, an increase of 40,074 carloads, or 22.9%, compared with December 2014. G&W’s same-railroad traffic in December 2015 was 140,100 carloads, a decrease of 34,607 carloads, or 19.8%, compared with December 2014.
G&W’s traffic in the fourth quarter of 2015 was 712,623 carloads, an increase of 202,482 carloads, or 39.7%, compared with the fourth quarter of 2014. G&W’s same-railroad traffic in the fourth quarter of 2015 was 427,455 carloads, a decrease of 82,686, or 16.2%, compared with the fourth quarter of 2014.
The table below sets forth summary total carloads by segment for December 2015 and December 2014.
Segment
December
2015
December
2014
Change
%
Change
North American Operations126,376155,177(28,801)(18.6%)Australian Operations16,25719,530(3,273)(16.8%)U.K./European Operations(1)72,148n/an/an/aTotal G&W Operations214,781174,70740,07422.9% (1) Operations from the Freightliner Group acquired on March 25, 2015
December 2015 Highlights by Segment
North American Operations: Traffic in December 2015 was 126,376 carloads, a decrease of 18.6% compared with December 2014. On a same-railroad basis, traffic declined 31,334 carloads, or 20.2%. The decrease was primarily due to reduced shipments of coal & coke, metals, minerals & stone and agricultural products traffic.Australian Operations: Traffic in December 2015 was 16,257 carloads, a decrease of 16.8% compared with December 2014. The decrease was primarily due to reduced metallic ores shipments from previously announced closures of customer iron ore mines and a recent suspension of rail shipments from a customer manganese mine.U.K./European Operations: Traffic was 72,148 carloads in December 2015. Traffic in December 2015 was led by intermodal traffic in the U.K. and continental Europe as well as minerals & stone traffic in Poland and the U.K.
The table below sets forth North American Operations carload information for December 2015 and December 2014 by commodity group.
North American Operations:
December
2015
December
2014
Change
% Change
Agricultural Products17,51020,102(2,592)(12.9%)Autos & Auto Parts2,2382,922(684)(23.4%)Chemicals & Plastics13,94715,305(1,358)(8.9%)Coal & Coke16,67733,305(16,628)(49.9%)Food & Kindred Products5,0815,410(329)(6.1%)Intermodal659(53)(89.8%)Lumber & Forest Products11,58310,9016826.3%Metallic Ores2,1602,0141467.2%Metals10,20214,871(4,669)(31.4%)Minerals & Stone14,50316,217(1,714)(10.6%)Petroleum Products9,0879,369(282)(3.0%)Pulp & Paper14,77015,265(495)(3.2%)Waste3,0383,284(246)(7.5%)Other5,5746,153(579)(9.4%)Total carloads126,376155,177(28,801)(18.6%)Carloads from New Railroads(1)2,533Same-railroad carloads123,843155,177(31,334)(20.2%)
(1) Total carloads from North American rail operations commenced or acquired by G&W in the last 12 months, including the Arkansas Midland Railroad, the Prescott & Northwestern Railroad and the Warren & Saline River Railroad. These railroads contributed 1,411 carloads of minerals & stone traffic, 498 carloads of lumber & forest products traffic, 228 carloads of chemicals & plastics traffic and 396 carloads from all other commodities.
The following highlights relate to North American same-railroad traffic, excluding traffic from the Arkansas Midland Railroad, the Prescott & Northwestern Railroad and the Warren & Saline River Railroad, which were acquired on January 5, 2015.
North American Operations traffic decreased 31,334 carloads, or 20.2%, primarily due to reduced shipments of coal & coke, metals, minerals & stone and agricultural products traffic.Coal & coke traffic decreased 16,628 carloads, or 49.9%, primarily due to decreased shipments in G&W’s Midwest, Central, Ohio Valley, Northeast and Mountain West regions.Metals traffic decreased 4,731 carloads, or 31.8%, primarily due to decreased shipments in G&W’s Southern, Ohio Valley and Northeast regions.Minerals & stone traffic decreased 3,125 carloads, or 19.3%, primarily due to decreased shipments in G&W’s Northeast, Central and Midwest regions.Agricultural products traffic decreased 2,658 carloads, or 13.2%, primarily due to decreased shipments in G&W’s Mountain West, Ohio Valley and Pacific regions.All remaining traffic decreased by a net 4,192 carloads.
The table below sets forth Australian Operations carload information for December 2015 and December 2014 by commodity group.
Australian Operations:
December
2015
December
2014
Change
%
Change
Agricultural Products4,4844,615(131)(2.8%)Intermodal5,3885,501(113)(2.1%)Metallic Ores7164,359(3,643)(83.6%)Minerals & Stone5,6455,02961612.2%Petroleum Products2426(2)(7.7%)Total carloads16,25719,530(3,273)(16.8%)
The decrease in Australian Operations traffic was primarily due to reduced metallic ores shipments from previously announced closures of customer iron ore mines and a recent suspension of rail shipments from a customer manganese mine.
The table below sets forth U.K./European Operations carload information for December 2015 by commodity group.
U.K./European Operations:
December
2015
Agricultural Products157Coal & Coke7,084Intermodal54,628Minerals & Stone9,808Other471Total carloads72,148
Traffic volumes in the U.K./Europe operating segment include operations from Freightliner. G&W’s existing European operations are not reported as freight revenues and therefore are not included in this traffic report. As a result, there is no traffic information provided for the comparative period in the prior year for this segment.
Fourth Quarter of 2015 Traffic
The table below sets forth summary total carloads by segment for the fourth quarter of 2015 and the fourth quarter of 2014.
Segment
Q4 2015
Q4 2014Change
%
Change
North American Operations388,228455,785(67,557)(14.8%)Australian Operations46,24554,356(8,111)(14.9%)U.K./European Operations(1)278,150n/an/an/aTotal G&W Operations712,623510,141202,48239.7% (1) Operations from the Freightliner Group acquired on March 25, 2015
The table below sets forth North American Operations carload information for the fourth quarter of 2015 and the fourth quarter of 2014 by commodity group.
North American Operations:
Q4 2015
Q4 2014Change
% Change
Agricultural Products53,46356,612(3,149)(5.6%)Autos & Auto Parts6,0689,432(3,364)(35.7%)Chemicals & Plastics43,49343,1533400.8%Coal & Coke53,00493,047(40,043)(43.0%)Food & Kindred Products15,27015,937(667)(4.2%)Intermodal29542(513)(94.6%)Lumber & Forest Products34,68433,5491,1353.4%Metallic Ores6,042
5,619
4237.5%Metals29,68345,122(15,439)(34.2%)Minerals & Stone49,72451,231(1,507)(2.9%)Petroleum Products26,60526,2493561.4%Pulp & Paper43,20644,447(1,241)(2.8%)Waste9,95710,076(119)(1.2%)Other17,00020,769(3,769)(18.1%)Total carloads388,228455,785(67,557)(14.8%)Carloads from New Railroads(1)7,018Same-railroad carloads381,210455,785(74,575)(16.4%)
(1) Total carloads from North American rail operations commenced or acquired by G&W in the last 12 months, including the Arkansas Midland Railroad, the Prescott & Northwestern Railroad and the Warren & Saline River Railroad. These railroads contributed 3,373 carloads of minerals & stone traffic, 1,425 carloads of lumber & forest products traffic, 1,012 carloads of chemicals & plastics traffic and 1,208 carloads from all other commodities.
The table below sets forth Australian Operations carload information for the fourth quarter of 2015 and the fourth quarter of 2014 by commodity group.
Australian Operations:
Q4 2015
Q4 2014
Change
%
Change
Agricultural Products10,6809,3121,36814.7%Intermodal15,60816,575(967)(5.8%)Metallic Ores3,30814,347(11,039)(76.9%)Minerals & Stone16,57214,0472,52518.0%Petroleum Products777522.7%Total carloads46,24554,356(8,111)(14.9%)
The table below sets forth U.K./European Operations carload information for the fourth quarter of 2015 by commodity group.
U.K./European Operations:
Q4 2015
Agricultural Products234Coal & Coke17,711Intermodal215,644Minerals & Stone42,071Other2,490Total carloads278,150
Other
The term carload represents physical railcars and estimated railcar equivalents of commodities for which G&W is paid on a metric ton or other measure to move freight, as well as intermodal units.
Historically, G&W has found that traffic information may be indicative of freight revenues on its railroads. Freight revenues are revenues for which G&W is paid on a per car, per container or per ton basis to move freight. Activities such as railcar switching, port terminal shunting, traction services and other similar freight-related services are excluded from our traffic information as the resulting revenues are not classified as freight revenue. Traffic information may not be indicative of total operating revenues, operating expenses, income from operations or net income.
G&W’s three reportable segments are summarized as follows:
The North American Operations segment is comprised of nine operating regions in the U.S. and Canada. This segment represents approximately 57% of G&W’s total operating revenues and approximately 75% of G&W’s total income from operations.The Australian Operations segment is comprised of G&W’s existing operations in Australia and the newly-acquired Freightliner Australia operations. This segment represents approximately 12% of G&W’s total operating revenues and approximately 14% of G&W’s total income from operations. Revenues from Freightliner’s Australia operations are not reported as freight revenues and therefore are not included in this traffic report.The U.K./European Operations segment is comprised of Freightliner’s operations in the U.K. and continental Europe and G&W’s existing European port shunting operations. This segment represents approximately 31% of G&W’s total operating revenues and approximately 11% of G&W’s total income from operations. G&W’s existing European port shunting operations are not reported as freight revenues and therefore are not included in this traffic report. As a result, there is no traffic information provided for the comparative period in the prior year for this segment.
About G&W
Genesee & Wyoming owns or leases 120 freight railroads worldwide that are organized in 11 operating regions with 7,500 employees and more than 2,500 customers.
G&W’s nine North American regions serve 41 U.S. states and four Canadian provinces and include 113 short line and regional freight railroads with more than 13,000 track-miles.G&W’s Australia Region provides rail freight services in New South Wales, the Northern Territory and South Australia and operates the 1,400-mile Tarcoola-to-Darwin rail line.G&W’s U.K./Europe Region is led by Freightliner, the U.K.’s largest rail maritime intermodal operator and second-largest rail freight company. Operations also include heavy-haul in Poland and Germany and cross-border intermodal services connecting Northern European seaports with key industrial regions throughout the continent.
G&W subsidiaries provide rail service at more than 40 major ports in North America, Australia and Europe and perform contract coal loading and railcar switching for industrial customers.
For more information, visit gwrr.com.

View source version on businesswire.com:http://www.businesswire.com/news/home/20160114005303/en/
Genesee & Wyoming Inc.
Thomas D. Savage, 1-203-202-8900
Vice President – Corporate Development & Treasurer
http://www.gwrr.com
(0)
(0)Scroll down for more posts ▼