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Stock Market & Financial Investment News

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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.
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September 9, 2014
06:34 EDTGWRGenesee & Wyoming reports August carloads up 10.5% YoY
G&W's traffic in August 2014 was 179,184 carloads, an increase of 17,083 carloads, or 10.5%, compared with August 2013. G&W's same-railroad traffic in August 2014 was 174,013 carloads, an increase of 11,912 carloads, or 7.3%, compared with August 2013. G&W's traffic in the Q3 through August was 356,370 carloads, an increase of 29,197 carloads, or 8.9%, compared with the Q3 of FY13 through August. G&W's same-railroad traffic in the third quarter of 2014 through August was 345,827 carloads, an increase of 18,654 carloads, or 5.7%, compared with the Q3 of FY13 through August.

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