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January 15, 2013
06:36 EDTGWRRail America reports Q4 total freight carloads up 1.1% to 214,272 carloads
RailAmerica reported that its total freight carloads for the month ended December 31 were 67,562, down 4.7% from 70,889 in December 2011. Total freight carloads in 4Q12 were 214,272 carloads, an increase of 1.1% from 211,848 carloads in 4Q11.
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February 10, 2016
06:39 EDTGWRGenesee & Wyoming reports January traffic up 30.5% to 218,431 carloads
G&W's traffic in January was 218,431 carloads, an increase of 51,082 carloads, or 30.5%, compared with January 2015. G&W's same-railroad traffic in January 2016 was 139,511 carloads, a decrease of 27,838 carloads, or 16.6%, compared with January 2015. Reports North America Traffic in January was 124,416 carloads, a decrease of 16.6% compared with January 2015. The decrease was primarily due to reduced shipments of coal & coke, minerals & stone, metals and agricultural products. Reports Australia Traffic in January was 15,095 carloads, a decrease of 16.8% compared with January 2015. The decrease was primarily due to reduced metallic ores shipments from previously disclosed closures of customer iron ore and manganese mines in 2015. Reports U.K./European Operations traffic was 78,920 carloads in January 2016. Traffic in January was led by intermodal traffic in the U.K. and continental Europe as well as minerals & stone traffic in Poland and the U.K.
February 9, 2016
11:11 EDTGWRGenesee & Wyoming sees free cash flow increasing 10% in 2016
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11:09 EDTGWRGenesee & Wyoming says Australian manganese mine ceased shipments in November
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08:28 EDTGWRGenesee & Wyoming sees Q1 adjusted EPS 70c-75c, consensus 88c
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08:27 EDTGWRGenesee & Wyoming sees FY16 EPS $3.60-$3.80, consensus $4.12
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06:07 EDTGWRGenesee & Wyoming reports Q4 N American traffic down 14.8% to 388,228 carloads
Australian Operations traffic decreased 8,111 carloads, or 14.9%, to 46,245 carloads in the fourth quarter of 2015. Operating revenues from G&W's U.K./European Operations increased $156.1 million to $161.0 million in the fourth quarter of 2015, compared with $5.0 million in the fourth quarter of 2014 as a result of the newly acquired Freightliner U.K./European operations.
06:06 EDTGWRGenesee & Wyoming raises FY16 free cash flow by 10% to $285M
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06:05 EDTGWRGenesee & Wyoming to concentrate on commercial development worldwide
Cuts investment in plant and equipment to be consistent with lower traffic levels. The company announced it has made expense reductions in every operating region, with Australia now initiating a second round of cost cuts and the U.K./Europe planning significant cost reductions and a restructuring of UK coal business in 1H16.
06:04 EDTGWRGenesee & Wyoming: 2015 trends show few signs of abating in 2016
The company commented, "The trends that made 2015 difficult show few signs of abating in 2016. In North America, we anticipate our operating income to be down slightly as sustained weakness in coal and steel shipments is expected to offset positive trends such as core pricing. In Australia, we expect a decline in operating income due to the recent closure of a manganese mine and continued pressure on our remaining iron ore business. In the U.K./Europe, we expect operating income to be flat, but to improve in the second half of 2016 after we complete the restructuring of the U.K. coal business. The net impact of these trends and weaker foreign currencies is that we expect our adjusted diluted EPS to be down approximately 10% in 2016."
06:03 EDTGWRGenesee & Wyoming: All 3 operating segments continue to face weak shipments
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06:01 EDTGWRGenesee & Wyoming reports Q4 adjusted EPS 85c, consensus 86c
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February 8, 2016
14:28 EDTGWRNotable companies reporting before tomorrow's open
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