Click here to close now.

SYS-CON MEDIA Authors: Liz McMillan, Carmen Gonzalez, Pat Romanski, AppDynamics Blog, Roger Strukhoff

News Feed Item

RailAmerica, Inc. Reports December 2012 and Fourth Quarter 2012 Carloads

JACKSONVILLE, Fla., Jan. 15, 2013 /PRNewswire/ -- RailAmerica today reported that its total freight carloads for the month ended December 31, 2012 were 67,562, down 4.7% from 70,889 in December 2011. Total freight carloads in the fourth quarter of 2012 were 214,272 carloads, an increase of 1.1% from 211,848 carloads in the fourth quarter of 2011.

On October 1, 2012, RailAmerica, Inc. (RailAmerica) was acquired by Genesee & Wyoming Inc. (GWI) (NYSE: GWR) and simultaneously deregistered its common stock and delisted from the New York Stock Exchange.  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.  This press release is posted on RailAmerica's website, www.railamerica.com. GWI's carload press release can be found on www.gwrr.com. GWI will report consolidated traffic volumes, including carloads from the RailAmerica railroads, beginning with the press release for January 2013 traffic.

RailAmerica's December 2012 shipments increased in six out of twelve commodity groups compared to December 2011.  Petroleum, Other, Forest Products and Chemicals showed the highest growth.  Petroleum traffic increases were mainly due to strength in the West region driven by LPG shipments.  Other increased mainly due to higher crude oil shipments in the Southeast and Northeast regions.  Forest Products shipments were up in all regions except the Southeast.  Chemicals were up primarily due to growth in the Midwest resulting from the Marquette Rail acquisition.

Motor Vehicles, Coal, Food or Kindred Products and Metallic Ores and Metals represented the largest declines.  Motor Vehicles were down mainly due to lower shipments in the Midwest and Northeast.  Coal declined primarily in the Central region.  Food or Kindred Products declines were largely due to lower shipments in the West, Midwest and Central regions.  Metallic Ores & Metals carloads were down in all regions except the Central.

December 2012 carloads include 1,605 carloads from acquisitions.  On a "same railroad" basis, December 2012 carloads decreased 7.0% compared to December 2011.   Fourth quarter 2012 carloads include 4,709 carloads from acquisitions. On a "same railroad" basis, fourth quarter carloads decreased 1.1% compared to the fourth quarter of 2011.

RailAmerica, Inc. owns and operates short-line and regional freight railroads in North America, operating a portfolio of 45 individual railroads with approximately 7,500 miles of track in 28 U.S. states and three Canadian provinces.

RailAmerica, Inc.

Carload Comparisons by Commodity Group*

Month Ended December 31, 2012 and 2011



December

Fourth Quarter

Commodity Group

2012

2011

% Chg

2012

2011

% Chg

Agricultural Products

10,780

11,961

-9.9%

37,261

32,827

13.5%

Coal

10,575

13,606

-22.3%

33,504

40,925

-18.1%

Chemicals

7,606

6,813

11.6%

24,454

21,180

15.5%

Non-Metallic Minerals and Products

5,867

6,127

-4.2%

19,763

20,482

-3.5%

Pulp, Paper & Allied Products

5,688

5,236

8.6%

16,746

14,878

12.6%

Forest Products

4,678

4,099

14.1%

14,379

12,149

18.4%

Metallic Ores and Metals

4,675

5,500

-15.0%

13,623

17,436

-21.9%

Petroleum

4,517

3,672

23.0%

12,254

9,776

25.3%

Waste & Scrap Materials

4,463

4,384

1.8%

13,395

14,884

-10.0%

Food or Kindred Products

3,929

4,775

-17.7%

12,885

14,680

-12.2%

Other

3,328

2,801

18.8%

10,583

8,021

31.9%

Motor Vehicles

1,456

1,915

-24.0%

5,425

4,610

17.7%

             TOTAL

67,562

70,889

-4.7%

214,272

211,848

1.1%








Less WCOR and MQTR*

(1,605)



(4,709)



Same Railroad

65,957

70,889

-7.0%

209,563

211,848

-1.1%


* Wellsboro and Corning Railroad (WCOR) and Marquette Railroad (MQTR). Represents 100% of WCOR carloads, which is 70% owned by RailAmerica.

 

CONTACT: Thomas D. Savage, 1-203-629-3722

SOURCE RailAmerica, Inc.

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
T-Mobile has been transforming the wireless industry with its “Uncarrier” initiatives. Today as T-Mobile’s IT organization works to transform itself in a like manner, technical foundations built over the last couple of years are now key to their drive for more Agile delivery practices. In his session at DevOps Summit, Martin Krienke, Sr Development Manager at T-Mobile, will discuss where they started their Continuous Delivery journey, where they are today, and where they are going in an effort ...
Gartner predicts that the bulk of new IT spending by 2016 will be for cloud platforms and applications and that nearly half of large enterprises will have cloud deployments by the end of 2017. The benefits of the cloud may be clear for applications that can tolerate brief periods of downtime, but for critical applications like SQL Server, Oracle and SAP, companies need a strategy for HA and DR protection. While traditional SAN-based clusters are not possible in these environments, SANless cluste...
In a recent research, analyst firm IDC found that the average cost of a critical application failure is $500,000 to $1 million per hour and the average total cost of unplanned application downtime is $1.25 billion to $2.5 billion per year for Fortune 1000 companies. In addition to the findings on the cost of the downtime, the research also highlighted best practices for development, testing, application support, infrastructure, and operations teams.
SYS-CON Events announced today that the "First Containers & Microservices Conference" will take place June 9-11, 2015, at the Javits Center in New York City. The “Second Containers & Microservices Conference” will take place November 3-5, 2015, at Santa Clara Convention Center, Santa Clara, CA. Containers and microservices have become topics of intense interest throughout the cloud developer and enterprise IT communities.
Disruptive macro trends in technology are impacting and dramatically changing the "art of the possible" relative to supply chain management practices through the innovative use of IoT, cloud, machine learning and Big Data to enable connected ecosystems of engagement. Enterprise informatics can now move beyond point solutions that merely monitor the past and implement integrated enterprise fabrics that enable end-to-end supply chain visibility to improve customer service delivery and optimize sup...
The OpenStack cloud operating system includes Trove, a database abstraction layer. Rather than applications connecting directly to a specific type of database, they connect to Trove, which in turn connects to one or more specific databases. One target database is Postgres Plus Cloud Database, which includes its own RESTful API. Trove was originally developed around MySQL, whose interfaces are significantly less complicated than those of the Postgres cloud database. In his session at 16th Cloud...
IoT is still a vague buzzword for many people. In his session at @ThingsExpo, Mike Kavis, Vice President & Principal Cloud Architect at Cloud Technology Partners, discussed the business value of IoT that goes far beyond the general public's perception that IoT is all about wearables and home consumer services. He also discussed how IoT is perceived by investors and how venture capitalist access this space. Other topics discussed were barriers to success, what is new, what is old, and what th...
To manage complex web services with lots of calls to the cloud, many businesses have invested in Application Performance Management (APM) and Network Performance Management (NPM) tools. Together APM and NPM tools are essential aids in improving a business's infrastructure required to support an effective web experience... but they are missing a critical component - Internet visibility. Internet connectivity has always played a role in customer access to web presence, but in the past few years u...
There's Big Data, then there's really Big Data from the Internet of Things. IoT is evolving to include many data possibilities like new types of event, log and network data. The volumes are enormous, generating tens of billions of logs per day, which raise data challenges. Early IoT deployments are relying heavily on both the cloud and managed service providers to navigate these challenges. In her session at Big Data Expo®, Hannah Smalltree, Director at Treasure Data, discussed how IoT, Big D...
Buzzword alert: Microservices and IoT at a DevOps conference? What could possibly go wrong? In this Power Panel at DevOps Summit, moderated by Jason Bloomberg, the leading expert on architecting agility for the enterprise and president of Intellyx, panelists will peel away the buzz and discuss the important architectural principles behind implementing IoT solutions for the enterprise. As remote IoT devices and sensors become increasingly intelligent, they become part of our distributed cloud en...
SYS-CON Events announced today that MetraTech, now part of Ericsson, has been named “Silver Sponsor” of SYS-CON's 16th International Cloud Expo®, which will take place on June 9–11, 2015, at the Javits Center in New York, NY. Ericsson is the driving force behind the Networked Society- a world leader in communications infrastructure, software and services. Some 40% of the world’s mobile traffic runs through networks Ericsson has supplied, serving more than 2.5 billion subscribers.
There is no doubt that Big Data is here and getting bigger every day. Building a Big Data infrastructure today is no easy task. There are an enormous number of choices for database engines and technologies. To make things even more challenging, requirements are getting more sophisticated, and the standard paradigm of supporting historical analytics queries is often just one facet of what is needed. As Big Data growth continues, organizations are demanding real-time access to data, allowing immed...
Enterprises are fast realizing the importance of integrating SaaS/Cloud applications, API and on-premises data and processes, to unleash hidden value. This webinar explores how managers can use a Microservice-centric approach to aggressively tackle the unexpected new integration challenges posed by proliferation of cloud, mobile, social and big data projects. Industry analyst and SOA expert Jason Bloomberg will strip away the hype from microservices, and clearly identify their advantages and d...
The 4th International Internet of @ThingsExpo, co-located with the 17th International Cloud Expo - to be held November 3-5, 2015, at the Santa Clara Convention Center in Santa Clara, CA - announces that its Call for Papers is open. The Internet of Things (IoT) is the biggest idea since the creation of the Worldwide Web more than 20 years ago.
SYS-CON Media named Andi Mann editor of DevOps Journal. DevOps Journal is focused on this critical enterprise IT topic in the world of cloud computing. DevOps Journal brings valuable information to DevOps professionals who are transforming the way enterprise IT is done. Andi Mann, Vice President, Strategic Solutions, at CA Technologies, is an accomplished digital business executive with extensive global expertise as a strategist, technologist, innovator, marketer, communicator, and thought lea...