By Business Wirevia The Motley Fool
Filed under: Investing
Genesee & Wyoming Reports Traffic for March 2013 and the First Quarter of 2013
GREENWICH, Conn.–(BUSINESS WIRE)– Genesee & Wyoming Inc. (G&W) (NYS: GWR) today reported traffic volumes for March 2013 and the first quarter of 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 March 2013 was 154,077 carloads, an increase of 77,031 carloads, or 100.0%, compared to G&W’s traffic in March 2012, and an increase of 5,198 carloads, or 3.5%, compared to total March 2012 carloads pro forma for the RA acquisition. G&W’s traffic in the first quarter of 2013 was 450,304 carloads, an increase of 228,126 carloads, or 102.7%, compared to G&W’s traffic in the first quarter of 2012, and an increase of 19,387 carloads, or 4.5%, compared to total first quarter of 2012 pro forma for the RA acquisition.
The tables below set forth consolidated summary carload information for March 2013 and March 2012: