p"> p" />

1370 Ontario St. - Mezzanine, Cleveland, Ohio 44113 • (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

© 1997-2015 Brotherhood of Locomotive Engineers and Trainmen

 


Decertification Helpline
(216) 694-0240

National Negotiations

DAILY HEADLINES

Teamster Nation: Get the latest updates in the War on Workers
Union Pacific furloughs about 900 workers due to reduced freight demand
Two-person train crews necessary for safety, lawmakers say
President Pierce among those to testify at U.S. House hearing on fatal Amtrak derailment
Reward offered for information about suspect who shot at a BNSF train near Chinook
Shipments of crude oil to East Coast declined in March
Coal and fuel could temper CSX's growth
Canada's railways announce new mobile app to give Canadian first responders real-time dangerous goods information
FRA issues $6.8 million loan to the Arkansas & Missouri Railroad for locomotive purchase
BNSF, power plant owner settle long-running rate dispute
Opponents of CSX Virginia Ave. tunnel project lose again
Amtrak wants to return baggage to passengers of derailed train
Amtrak funding on the line in final days of Illinois budget battle
Applying for a Railroad Retirement annuity

More Headlines


Enter your e-mail address to receive BLET news updates.

Subscribe  Unsubscribe