G&W October Traffic Up 12.2 Percent

Genesee & Wyoming Inc. (G&W) has reported an increase of 12.2 percent, or 29,973 carloads, for October 2017 rail traffic compared to October 2016. Carloads totaled 275,317. For October 2017, same-railroad traffic dropped by 1.2 percent, or 2,837 carloads, to 242,507 carloads when compared to October 2016.

G&W’s North American operations reported an increase in October traffic of 1.4 percent to 136,888 carloads, including traffic from the Providence and Worcester Railroad Company and the Heart of Georgia Railroad, Inc. acquisitions. Same railroad traffic was down 1.7 percent, primarily due to decreased coal & coke and agricultural products traffic, partially offset by increased minerals & stone traffic.

Same-railroad coal & coke traffic decreased by 13.5 percent, or 2,798 carloads, primarily due to decreased shipments of utility coal in G&W’s Midwest Region. Agricultural products traffic dropped 13.2 percent, or 2,655 carloads, primarily due to decreased grain shipments in G&W’s Central and Midwest regions. Minerals & stone traffic increased 12.4 percent, or 2,158 carloads, primarily due to increased shipments of aggregates in G&W’s Central and Western regions and increased shipments of frac sand in G&W’s Northeast Region.