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Stock Market & Financial Investment News

News Breaks
June 12, 2014
06:35 EDTGWRGenesee & Wyoming reports May traffic up 2.3% to 171,391 carloads
Genesee & Wyoming reported May traffic figures. North American traffic increased 6,133 carloads, or 4.2%, primarily due to increased overhead Class 1 shipments, coal, agricultural products and metals traffic. Australian traffic decreased 2,269 carloads, or 10.2%, primarily due to an expected decrease in agricultural products traffic. In addition, minerals & stone traffic declined due to a reduction in gypsum shipments and the previously announced closure of a customer facility. G&Ws Other commodity group traffic increased 1,898 carloads, or 29.0%, primarily due to overhead Class 1 shipments. Coal & coke traffic increased 1,886 carloads, or 6.7%, primarily due to increased steam coal shipments in G&Ws Midwest and Ohio Valley regions. Metals traffic increased 1,545 carloads, or 9.9%, primarily due to increased shipments in G&Ws Northeast, Canada and Southern regions. Petroleum products traffic decreased 1,243 carloads, or 12.8%, primarily due to decreased shipments of crude oil in G&Ws Southern, Pacific and Canada regions, as well as decreased shipments of liquid petroleum gases in G&Ws Mountain West region. All remaining traffic decreased by a net 222 carloads.
News For GWR From The Last 14 Days
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November 19, 2014
16:03 EDTGWRGenesee & Wyoming announces acquisition of short line railroads in Arkansas
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11:14 EDTGWRCowen airfreight/surface & rail analysts hold analyst/industry conference call
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November 11, 2014
06:31 EDTGWRGenesee & Wyoming reports October traffic up 6.7% to 174,765 carlods
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