Thursday, May 13, 2010

Genesee & Wyoming volume up 16% in April

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Genesee & Wyoming (GWI) railroads racked up April volume of 72,023 carloads, an increase of 9,979 carloads, or 16.1%, compared with April 2009.

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GWI said metals traffic grew by 3,557 carloads primarily due to increased steel shipments in the New York/Ohio/Pennsylvania and Southern regions.

Traffic in GWI's "Other" commodity group grew 2,595 carloads primarily due to increased overhead shipments in the NewYork/Ohio/Pennsylvania Region. Coal, coke & ores traffic was up 1,584 carloads. All other traffic increased by a net 2,243 carloads.

GWI owns and operates 62 short line and regional railroads in the United States, Canada, Australia, and the Netherlands, with approximately 6,000 miles of owned and leased track and approximately 3,400 additional miles under track access arrangements.