Genesee & Wyoming’s December Traffic Levels Down 11 Percent

Short line operator Genesee & Wyoming Inc. (GWI) says its December traffic fell 11 percent compared with the same month in 2008.

December 2009 traffic was 61,917 carloads, compared with 69,591 in December 2008, the company said in a Jan. 14 public statement.

Fourth-quarter traffic was 187,471 carloads, a 15.3-percent drop from the same period in 2008. The traffic decrease in the fourth quarter of 2009 compared to the 2008 fourth quarter was mainly due to declines of 11,598 carloads of coal, coke & ores traffic, where an expected maintenance outage at a power generation facility in Illinois reduced traffic volume in October 2009; 6,256 carloads of pulp & paper traffic, and 5,336 carloads of minerals & stone traffic. All other traffic decreased by a net 10,792 carloads.

GWI owns and runs freight railroads in the United States, Canada, Australia and the Netherlands. Its operations include 62 railroads organized in nine regions, with more than 6,000 miles of owned and leased track and 3,000 additional miles under track-access arrangements.