p"> p" />

7061 East Pleasant Valley Road, Independence, Ohio 44131 • (216) 241-2630 / Fax: (216) 241-6516

Membership
Benefits
News and Issues
Departments
Secretary-Treasurers
Information
Merchandise
Communications
FELA
Events
Links
User Info

Genesee & Wyoming reports traffic for December 2012 and fourth quarter 2012

(Source: Genesee & Wyoming press release, January 15, 2013)

GREENWICH, Conn. — On January 15, Genesee & Wyoming Inc. reported traffic volumes for December 2012 and the fourth quarter of 2012.

On October 1, 2012, GWI acquired RailAmerica Inc. and immediately following the closing of the acquisition, control of RailAmerica was placed into a voting trust until the U.S. Surface Transportation Board (STB) issued its decision on GWI’s application to control RailAmerica's railroads. The STB issued a final decision that allowed GWI to control RailAmerica’s railroads on December 28, 2012 and the voting trust that controlled RailAmerica was dissolved on that date.

For the fourth quarter of 2012, GWI accounted for its ownership of RailAmerica under the equity method of accounting and RailAmerica reported its carloadings independent of those of GWI. RailAmerica’s carload press release can be found on www.railamerica.com. GWI will report consolidated traffic volumes, including carloads from the RailAmerica railroads, beginning with the press release for January 2013 traffic.

GWI’s traffic in December 2012 was 74,529 carloads, a decrease of 7,480 carloads, or 9.1 percent, compared with December 2011. GWI’s traffic in the fourth quarter of 2012 was 229,818 carloads, a decrease of 16,976 carloads, or 6.9 percent, compared to the fourth quarter of 2011.

A table set forth on the GWI website shows consolidated carloading information for December 2012 and December 2011. Additional carload information for GWI’s North American and Australian operations is also on the GWI website.

Thursday, January 24, 2013

Like us on Facebook at
Facebook.com/BLETNational

Sign up for BLET News Flash Alerts

© 1997-2016 Brotherhood of Locomotive Engineers and Trainmen

 


Decertification Helpline
(216) 694-0240

National Negotiations

Sign up for BLET
News Flash Alerts

DAILY HEADLINES

Get the latest labor news from the Teamsters
AAR: Rail traffic down 11.7 percent from 2015 for week ending April 23
California bullet train agency approves a new business plan
FRA announces $25 million for rail infrastructure safety upgrades
Rains wash out UP tracks in Kansas, cause wastewater overflow
What to watch when Berkshire Hathaway reports earnings
Genesee & Wyoming reports results for the first quarter of 2016
House a total loss after CSX train blocks firefighters from reaching blaze
RRB names Director of Legislative Affairs/Legal Counsel
SEPTA track workers get safety protection that could save lives
US Foods provokes Maryland Teamsters to launch unfair labor practices strike
What’s in a name: Newscasters struggle with ‘Acela’ Primary
Buy-outs and Railroad Retirement benefits

More Headlines