Thursday, September 13, 2012

RailAmerica carloads up in August

Written by  Luther S. Miller, Senior Consulting Editor

RailAmerica, Inc. has reported 74,813 total freight carloads for ended August, up 2.9% from 72,697 in August 2011.

August 2012 carloads include 1,714 carloads from acquisitions. On a "same railroad" basis, carloads increased 0.6%. August 2012 carloads include 1,714 carloads from acquisitions. On a "same railroad" basis, carloads increased 0.6%.

The company increased shipments in August 2012 in six out of 12 commodity groups compared with August 2011. Crude oil—reported under "Other"—accounted for one of the month's largest increases in traffic.

The largest declines were in Agricultural Products and Pulp, Paper & Allied Products.

RailAmerica owns and operates 45 short line and regional railroads with 7,500 miles of track in 28 U.S. states and three Canadian provinces.