Genesee & Wyoming Inc. (G&W) has reported an increase of 3.7 percent, or 8,856 carloads, for November rail traffic compared to November 2015. Carloads totaled 247,470. Traffic in the fourth quarter of 2016 through November was 492,814 carloads, a decrease of 0.6 percent, or 3,009 carloads, compared with the fourth quarter of 2015 through November.
Carloadings do not include shipments from the Providence and Worcester Railroad Company, which was acquired and held in a voting trust on November 1, 2016.
North American Operations reported an increase in traffic of 9,469 carloads, or 7.6 percent, to 133,689 carloads for the month. The increase was primarily due to increased traffic in coal & coke, agricultural products and metals. Coal & coke traffic increased 4,651 carloads, or 27.4 percent, primarily due to increased shipments of utility coal in G&W’s Midwest and Central regions. Agricultural products were up 13.1 percent, or 2,204 carloads, primarily due to increased shipments of grain in G&W’s Midwest and Central regions, and metals traffic increased 1,723 carloads, or 18.1 percent, primarily due to increased shipments in all of G&W’s North American regions.
G&W’s North American Operations represents approximately 60 percent of the company’s total operating revenues and approximately 80 percent of G&W’s total income from operations.