Wednesday, March 14, 2012

Genesee & Wyoming February traffic slips

Written by  Luther S. Miller, Senior Consulting Editor

Genesee & Wyoming has reported a decline of 0.6% to 72,245 carloads, traffic volume for February. GWI's traffic in the first quarter of 2012 through February was 145,132 carloads, a decrease or 6.6% compared to the first quarter of 2011 through February.

GWI owns and operates short line and regional freight railroads and provides railcar switching services in the United States, Australia, Canada, the Netherlands, and Belgium. In addition, GWI operates the Tarcoola to Darwin rail line, which links the Port of Darwin with the Australian interstate rail network in South Australia.

Operations currently include 65 railroads organized in 10 regions, with more than 7,600 miles of owned and leased track and approximately 1,400 additional miles under track access arrangements.