Genesee & Wyoming Reports Traffic for November 2013

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

Genesee & Wyoming Inc. (G&W) GWR today reported traffic volumes for November 2013.

Beginning in January 2013, G&W is reporting consolidated traffic volumes including carloads from RailAmerica Inc. (RA) railroads that were previously reported separately. To provide comparative context for 2013 consolidated traffic volumes, G&W is providing supplemental 2012 carload information on a pro forma basis as though the RA railroads were owned by G&W on January 1, 2012. In addition, G&W has amended RA's 2012 carload information to conform with G&W's reporting methodology.

G&W's traffic in November 2013 was 152,308 carloads, an increase of 77,260 carloads, or 102.9%, compared to G&W's traffic in November 2012, and an increase of 7,826 carloads, or 5.4%, compared to total November 2012 carloads pro forma for the RA acquisition. G&W's traffic in the fourth quarter of 2013 through November was 316,137 carloads, an increase of 160,848 carloads, or 103.6%, compared to G&W's traffic in the fourth quarter of 2012 through November, and an increase 17,537 carloads, or 5.9%, compared to total fourth quarter of 2012 through November carloads pro forma for the RA acquisition.

The table below sets forth consolidated summary carload information for November 2013 and November 2012:


		November 2012			% Change
Consolidated G&W	November 2013⁽¹⁾	G&W	RA	Pro Forma⁽²⁾	G&W	Pro Forma⁽²⁾
Coal & Coke	27,440	13,641	10,915	24,556	101.2%	11.7%
Agricultural Products	20,782	5,624	12,784	18,408	269.5%	12.9%
Minerals & Stone	15,965	11,016	6,340	17,356	44.9%	-8.0%
Pulp & Paper	13,572	8,522	4,490	13,012	59.3%	4.3%
Metals	13,346	7,076	5,226	12,302	88.6%	8.5%
Chemicals & Plastics	12,262	5,681	7,633	13,314	115.8%	-7.9%
Lumber & Forest Products	10,661	6,166	4,522	10,688	72.9%	-0.3%
Petroleum Products	8,977	2,391	5,097	7,488	275.4%	19.9%
Intermodal	6,752	6,055	-	6,055	11.5%	11.5%
Metallic Ores	6,713	3,674	760	4,434	82.7%	51.4%
Food or Kindred Products	4,786	991	3,507	4,498	382.9%	6.4%
Waste	3,472	2,106	1,690	3,796	64.9%	-8.5%
Autos & Auto Parts	3,339	959	1,844	2,803	248.2%	19.1%
Other	4,241	1,146	4,626	5,772	270.1%	-26.5%
Total carloads	152,308	75,048	69,434	144,482	102.9%	5.4%
(1) Total carloads from G&W and RA
(2) Pro forma as though GWI had acquired RailAmerica on January 1, 2012

Coal & coke traffic increased 2,884 carloads primarily due to increased shipments in G&W's Central, Midwest and Ohio Valley regions. Agricultural products traffic increased 2,374 carloads primarily due to increased shipments in G&W's Australia and Ohio Valley regions, partially offset by decreased shipments in G&W's Midwest Region. Metallic ores traffic increased 2,279 carloads primarily due to increased iron ore shipments in G&W's Australia Region. All remaining traffic increased by a net 289 carloads.

The table below sets forth consolidated summary carload information for the fourth quarter of 2013 through November and the fourth quarter of 2012 through November:


		QTD Nov 2012			% Change
Consolidated G&W	QTD Nov 2013⁽¹⁾	G&W	RA	Pro Forma⁽²⁾	G&W	Pro Forma⁽²⁾
Coal & Coke	54,138	29,194	21,362	50,556	85.4%	7.1%
Agricultural Products	39,556	11,157	27,642	38,799	254.5%	2.0%
Minerals & Stone	35,885	22,823	13,354	36,177	57.2%	-0.8%
Metals	28,864	14,326	10,452	24,778	101.5%	16.5%
Pulp & Paper	28,080	17,339	9,554	26,893	61.9%	4.4%
Chemicals & Plastics	26,283	11,500	15,199	26,699	128.5%	-1.6%
Lumber & Forest Products	22,573	12,812	9,348	22,160	76.2%	1.9%
Petroleum Products	17,985	4,876	10,118	14,994	268.8%	19.9%
Metallic Ores	13,902	7,686	1,540	9,226	80.9%	50.7%
Intermodal	13,675	12,595	-	12,595	8.6%	8.6%
Food or Kindred Products	10,401	2,169	7,700	9,869	379.5%	5.4%
Waste	7,696	4,256	3,504	7,760	80.8%	-0.8%
Autos & Auto Parts	6,842	1,820	3,970	5,790	275.9%	18.2%
Other	10,257	2,736	9,568	12,304	274.9%	-16.6%
Total carloads	316,137	155,289	143,311	298,600	103.6%	5.9%
(1) Total carloads from G&W and RA
(2) Pro forma as though GWI had acquired RailAmerica on January 1, 2012

Metallic ores traffic increased 4,676 carloads primarily due to increased iron ore shipments in G&W's Australia Region. Metals traffic increased 4,086 carloads primarily due to increased shipments in G&W's Northeast, Southern and Canada regions. Coal & coke traffic increased 3,582 carloads primarily due to increased shipments in G&W's Central and Ohio Valley regions, partially offset by decreased shipments in G&W's Mountain West Region. Petroleum products traffic increased 2,991 carloads primarily due to increased shipments of crude oil and liquid petroleum gases in G&W's Pacific, Ohio Valley and Canada regions. G&W's Other commodity group traffic decreased 2,047 carloads primarily due to non-recurring Class 1 detour train volumes that moved in the comparable period of 2012 in G&W's Central Region. All remaining traffic increased by a net 4,249 carloads.

Carload Reporting for RailAmerica Inc. Traffic

November 2012 and the fourth quarter of 2012 through November carloads from RailAmerica Inc. railroads include eliminations of 1,443 and 3,399 carloads, respectively, compared to RailAmerica's historically reported figures to remove duplication of traffic that interchanges with another owned railroad. This elimination conforms with G&W's reporting policy. Also, starting in January 2013, G&W has re-allocated certain products within the reported commodity groups. The carload information included in this release presents both 2013 and 2012 on a consistent basis for these changes.

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 and operates short line and regional freight railroads in the United States, Australia, Canada, the Netherlands and Belgium. In addition, G&W operates the 1,400-mile Tarcoola to Darwin rail line, which links the Port of Darwin with the Australian interstate rail network in South Australia. Operations currently include 111 railroads organized in 11 regions, with nearly 15,000 miles of owned and leased track, 4,600 employees and over 2,000 customers. We provide rail service at 35 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 carloading information for November 2013 and November 2012:


		November 2012			% Change
North American Operations:	November 2013⁽¹⁾	G&W	RA	Pro Forma⁽²⁾	G&W	Pro Forma⁽²⁾
Coal & Coke	27,440	13,641	10,915	24,556	101.2%	11.7%
Agricultural Products	15,222	4,131	12,784	16,915	268.5%	-10.0%
Pulp & Paper	13,572	8,522	4,490	13,012	59.3%	4.3%
Metals	13,346	7,076	5,226	12,302	88.6%	8.5%
Minerals & Stone	12,710	5,813	6,340	12,153	118.6%	4.6%
Chemicals & Plastics	12,262	5,681	7,633	13,314	115.8%	-7.9%
Lumber & Forest Products	10,661	6,166	4,522	10,688	72.9%	-0.3%
Petroleum Products	8,953	2,368	5,097	7,465	278.1%	19.9%
Food or Kindred Products	4,786	991	3,507	4,498	382.9%	6.4%
Waste	3,472	2,106	1,690	3,796	64.9%	-8.5%
Autos & Auto Parts	3,339	959	1,844	2,803	248.2%	19.1%
Metallic Ores	1,606	880	760	1,640	82.5%	-2.1%
Intermodal	844	376	-	376	124.5%	124.5%
Other	4,241	1,146	4,626	5,772	270.1%	-26.5%
Total carloads	132,454	59,856	69,434	129,290	121.3%	2.4%
(1) Total carloads from G&W and RA
(2) Pro forma as though GWI had acquired RailAmerica on January 1, 2012

The table below sets forth North American carloading information for the fourth quarter of 2013 through November and the fourth quarter of 2012 through November:


		QTD Nov 2012			% Change
North American Operations:	QTD Nov 2013⁽¹⁾	G&W	RA	Pro Forma⁽²⁾	G&W	Pro Forma⁽²⁾
Coal & Coke	54,138	29,194	21,362	50,556	85.4%	7.1%
Agricultural Products	31,705	8,087	27,642	35,729	292.0%	-11.3%
Metals	28,864	14,326	10,452	24,778	101.5%	16.5%
Minerals & Stone	28,102	12,162	13,354	25,516	131.1%	10.1%
Pulp & Paper	28,080	17,339	9,554	26,893	61.9%	4.4%
Chemicals & Plastics	26,283	11,500	15,199	26,699	128.5%	-1.6%
Lumber & Forest Products	22,573	12,812	9,348	22,160	76.2%	1.9%
Petroleum Products	17,931	4,819	10,118	14,937	272.1%	20.0%
Food or Kindred Products	10,401	2,169	7,700	9,869	379.5%	5.4%
Waste	7,696	4,256	3,504	7,760	80.8%	-0.8%
Autos & Auto Parts	6,842	1,820	3,970	5,790	275.9%	18.2%
Metallic Ores	3,450	1,971	1,540	3,511	75.0%	-1.7%
Intermodal	2,026	1,053	-	1,053	92.4%	92.4%
Other	10,257	2,736	9,568	12,304	274.9%	-16.6%
Total carloads	278,348	124,244	143,311	267,555	124.0%	4.0%
(1) Total carloads from G&W and RA
(2) Pro forma as though GWI had acquired RailAmerica on January 1, 2012

The table below sets forth Australian carloading information for November 2013 and November 2012:


Australian Operations:	November 2013	November 2012	% Change
Intermodal	5,908	5,679	4.0%
Agricultural Products	5,560	1,493	272.4%
Metallic Ores	5,107	2,794	82.8%
Minerals & Stone	3,255	5,203	-37.4%
Petroleum Products	24	23	4.3%
Total carloads	19,854	15,192	30.7%

The table below sets forth Australian carloading information for the fourth quarter of 2013 through November and the fourth quarter of 2012 through November:


Australian Operations:	QTD Nov 2013	QTD Nov 2012	% Change
Intermodal	11,649	11,542	0.9%
Metallic Ores	10,452	5,715	82.9%
Agricultural Products	7,851	3,070	155.7%
Minerals & Stone	7,783	10,661	-27.0%
Petroleum Products	54	57	-5.3%
Total carloads	37,789	31,045	21.7%

Genesee & Wyoming Inc.
Thomas D. Savage, 1-203-202-8900
Vice President – Corporate Development & Treasurer
http://www.gwrr.com

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