Genesee & Wyoming Reports Traffic for March 2015 and the First Quarter of 2015

DARIEN, Conn.--(BUSINESS WIRE)--

Genesee & Wyoming Inc. (G&W) GWR today reported traffic volumes for March 2015 and the first quarter of 2015.

G&W's traffic in March 2015 was 164,261 carloads, a decrease of 3,732 carloads, or 2.2%, compared with March 2014. G&W's same-railroad traffic in March 2015 was 155,096 carloads, a decrease of 12,897 carloads, or 7.7%, compared with March 2014. Traffic from G&W's Freightliner acquisition, which was completed on March 25, 2015, is not included in this press release.

G&W's traffic in the first quarter of 2015 was 476,737 carloads, an increase of 9,358 carloads, or 2.0%, compared with the first quarter of 2014. G&W's same-railroad traffic in the first quarter of 2015 was 452,168 carloads, a decrease of 15,211 carloads, or 3.3%, compared with the first quarter of 2014.

The table below sets forth consolidated summary carload information for March 2015 and March 2014 by commodity group.

Consolidated G&W					March 2015					March 2014					Change					% Change
Agricultural Products					25,569					23,263					2,306					9.9%
Coal & Coke					24,787					30,767					(5,980)					(19.4%)
Minerals & Stone					22,540					17,921					4,619					25.8%
Chemicals & Plastics					16,659					14,173					2,486					17.5%
Pulp & Paper					14,646					14,334					312					2.2%
Lumber & Forest Products					11,759					11,646					113					1.0%
Metals					11,316					15,303					(3,987)					(26.1%)
Petroleum Products					9,552					9,183					369					4.0%
Metallic Ores					5,868					6,697					(829)					(12.4%)
Food & Kindred Products					5,627					4,847					780					16.1%
Intermodal					5,197					5,439					(242)					(4.4%)
Waste					2,703					3,498					(795)					(22.7%)
Autos & Auto Parts					2,464					2,625					(161)					(6.1%)
Other					5,574					8,297					(2,723)					(32.8%)
Total carloads					164,261					167,993					(3,732)					(2.2%)
Carloads from New Railroads(1)					9,165
Same-railroad carloads					155,096					167,993					(12,897)					(7.7%)
(1) Total carloads from rail operations commenced or acquired by G&W in the last 12 months include the Rapid City, Pierre & Eastern Railroad, Inc., the Arkansas Midland Railroad, the Prescott & Northwestern Railroad and the Warren & Saline River Railroad. These railroads contributed 3,481 carloads of agricultural products traffic, 3,097 carloads of minerals & stone traffic, 1,326 carloads of chemicals & plastics traffic, 598 carloads of lumber & forest products traffic and 663 carloads from all other commodities.

Same-railroad Highlights:

The following highlights relate to same-railroad traffic, excluding traffic from the Rapid City, Pierre & Eastern Railroad, which commenced operations on June 1, 2014 and the Arkansas Midland Railroad, the Prescott & Northwestern Railroad and the Warren & Saline River Railroad, which were acquired on January 5, 2015.

• North American traffic decreased 10,618 carloads, or 7.2%, primarily due to decreases in coal & coke, metals and other commodity group traffic.
• Australian traffic decreased 2,279 carloads, or 10.8%, primarily due to decreased agricultural products and metallic ores traffic.
• Coal & coke traffic decreased 5,980 carloads, or 19.4%, primarily due to decreased shipments in G&W's Central, Ohio Valley, Midwest and Mountain West regions.
• Metals traffic decreased 4,236 carloads, or 27.7%, primarily due to decreased shipments in G&W's Southern, Ohio Valley and Northeast regions.
• G&W's Other commodity group traffic decreased 2,737 carloads, or 33.0%, primarily due to decreased overhead Class 1 shipments.
• All remaining traffic increased by a net 56 carloads.

The table below sets forth consolidated summary carload information for the first quarter of 2015 and the first quarter of 2014 by commodity group.

Consolidated G&W					Q1 2015					Q1 2014					Change					% Change
Coal & Coke					79,612					86,303					(6,691)					(7.8%)
Agricultural Products					72,933					65,034					7,899					12.1%
Minerals & Stone					61,654					49,037					12,617					25.7%
Chemicals & Plastics					46,043					40,272					5,771					14.3%
Pulp & Paper					42,765					42,211					554					1.3%
Metals					34,589					41,329					(6,740)					(16.3%)
Lumber & Forest Products					32,589					32,547					42					0.1%
Petroleum Products					27,120					27,835					(715)					(2.6%)
Metallic Ores					17,111					18,874					(1,763)					(9.3%)
Food & Kindred Products					15,888					13,847					2,041					14.7%
Intermodal					14,349					15,591					(1,242)					(8.0%)
Waste					7,293					9,446					(2,153)					(22.8%)
Autos & Auto Parts					7,223					7,736					(513)					(6.6%)
Other					17,568					17,317					251					1.4%
Total carloads					476,737					467,379					9,358					2.0%
Carloads from New Railroads(1)					24,569
Same-railroad carloads					452,168					467,379					(15,211)					(3.3%)
(1) Total carloads from rail operations commenced or acquired by G&W in the last 12 months include the Rapid City, Pierre & Eastern Railroad, Inc., the Arkansas Midland Railroad, the Prescott & Northwestern Railroad and the Warren & Saline River Railroad. These railroads contributed 9,773 carloads of agricultural products traffic, 8,203 carloads of minerals & stone traffic, 3,392 carloads of chemicals & plastics traffic, 1,457 carloads of lumber & forest products traffic and 1,744 carloads from all other commodities.

Same-railroad Highlights:

The following highlights relate to same-railroad traffic, excluding traffic from the Rapid City, Pierre & Eastern Railroad, which commenced operations on June 1, 2014 and the Arkansas Midland Railroad, the Prescott & Northwestern Railroad and the Warren & Saline River Railroad, which were acquired on January 5, 2015.

• North American traffic decreased 11,393 carloads, or 2.8%, primarily due to decreased metals and coal & coke traffic, partially offset by increased minerals & stone traffic.
• Australian traffic decreased 3,818 carloads, or 6.6%, primarily due to decreased metallic ores and agricultural products traffic, partially offset by increased minerals & stone traffic.
• Metals traffic decreased 7,324 carloads, or 17.7%, primarily due to decreased shipments in G&W's Southern, Northeast and Coastal regions.
• Coal & coke traffic decreased 6,691 carloads, or 7.8%, primarily due to decreased shipments in G&W's Central, Mountain West, Ohio Valley and Northeast regions, partially offset by increased shipments in G&W's Midwest Region.
• Minerals & stone traffic increased 4,414 carloads, or 9.0%, primarily due to increased shipments across most G&W regions.
• All remaining traffic decreased by a net 5,610 carloads.

Other

Historically, G&W has found that carload information may be indicative of freight revenues on its railroads, but may not be indicative of total revenues, operating expenses, operating income or net income. Car movements related to railcar switching, including activities at port terminals, are excluded from our carload information as the resulting revenues are classified as non-freight.

About G&W

G&W owns or leases 120 freight railroads worldwide that are organized in 11 operating regions with 7,700 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.

Exhibit

The table below sets forth North American carload information for March 2015 and March 2014 by commodity group.

North American Operations:					March 2015					March 2014					Change					% Change
Coal & Coke					24,787					30,767					(5,980)					(19.4%)
Agricultural Products					20,589					16,875					3,714					22.0%
Minerals & Stone					17,538					13,314					4,224					31.7%
Chemicals & Plastics					16,659					14,173					2,486					17.5%
Pulp & Paper					14,646					14,334					312					2.2%
Lumber & Forest Products					11,759					11,646					113					1.0%
Metals					11,316					15,303					(3,987)					(26.1%)
Petroleum Products					9,524					9,165					359					3.9%
Food & Kindred Products					5,627					4,847					780					16.1%
Waste					2,703					3,498					(795)					(22.7%)
Autos & Auto Parts					2,464					2,625					(161)					(6.1%)
Metallic Ores					2,321					1,820					501					27.5%
Intermodal					-					296					(296)					(100.0%)
Other					5,574					8,297					(2,723)					(32.8%)
Total carloads					145,507					146,960					(1,453)					(1.0%)
Carloads from New Railroads(1)					9,165
Same-railroad carloads					136,342					146,960					(10,618)					(7.2%)
(1) Total carloads from rail operations commenced or acquired by G&W in the last 12 months include the Rapid City, Pierre & Eastern Railroad, Inc., the Arkansas Midland Railroad, the Prescott & Northwestern Railroad and the Warren & Saline River Railroad. These railroads contributed 3,481 carloads of agricultural products traffic, 3,097 carloads of minerals & stone traffic, 1,326 carloads of chemicals & plastics traffic, 598 carloads of lumber & forest products traffic and 663 carloads from all other commodities.

The table below sets forth North American carload information for the first quarter of 2015 and the first quarter of 2014 by commodity group.

North American Operations:					Q1 2015					Q1 2014					Change					% Change
Coal & Coke					79,612					86,303					(6,691)					(7.8%)
Agricultural Products					58,337					48,055					10,282					21.4%
Minerals & Stone					47,384					36,240					11,144					30.8%
Chemicals & Plastics					46,043					40,272					5,771					14.3%
Pulp & Paper					42,765					42,211					554					1.3%
Metals					34,589					41,329					(6,740)					(16.3%)
Lumber & Forest Products					32,589					32,547					42					0.1%
Petroleum Products					27,057					27,776					(719)					(2.6%)
Food & Kindred Products					15,888					13,847					2,041					14.7%
Waste					7,293					9,446					(2,153)					(22.8%)
Autos & Auto Parts					7,223					7,736					(513)					(6.6%)
Metallic Ores					6,365					5,579					786					14.1%
Intermodal					-					879					(879)					(100.0%)
Other					17,568					17,317					251					1.4%
Total carloads					422,713					409,537					13,176					3.2%
Carloads from New Railroads(1)					24,569
Same-railroad carloads					398,144					409,537					(11,393)					(2.8%)
(1) Total carloads from rail operations commenced or acquired by G&W in the last 12 months include the Rapid City, Pierre & Eastern Railroad, Inc., the Arkansas Midland Railroad, the Prescott & Northwestern Railroad and the Warren & Saline River Railroad. These railroads contributed 9,773 carloads of agricultural products traffic, 8,203 carloads of minerals & stone traffic, 3,392 carloads of chemicals & plastics traffic, 1,457 carloads of lumber & forest products traffic and 1,744 carloads from all other commodities.

The table below sets forth Australian carload information for March 2015 and March 2014 by commodity group.

Australian Operations:					March 2015					March 2014					Change					% Change
Intermodal					5,197					5,143					54					1.0%
Minerals & Stone					5,002					4,607					395					8.6%
Agricultural Products					4,980					6,388					(1,408)					(22.0%)
Metallic Ores					3,547					4,877					(1,330)					(27.3%)
Petroleum Products					28					18					10					55.6%
Total carloads					18,754					21,033					(2,279)					(10.8%)

The table below sets forth Australian carload information for the first quarter of 2015 and the first quarter of 2014 by commodity group.

Australian Operations:					Q1 2015					Q1 2014					Change					% Change
Agricultural Products					14,596					16,979					(2,383)					(14.0%)
Intermodal					14,349					14,712					(363)					(2.5%)
Minerals & Stone					14,270					12,797					1,473					11.5%
Metallic Ores					10,746					13,295					(2,549)					(19.2%)
Petroleum Products					63					59					4					6.8%
Total carloads					54,024					57,842					(3,818)					(6.6%)