(Genesee & Wyoming issued the following press release on March 14, 2011.)
GREENWICH, Conn. — Genesee & Wyoming Inc. (GWI) today reported traffic volumes for February 2011.
GWI’s traffic in February 2011 was 72,687 carloads, an increase of 7,819 carloads, or 12.1 percent, compared with February 2010. GWI’s traffic in the first quarter of 2011 through February was 155,422 carloads, an increase of 25,398 carloads, or 19.5 percent, compared to the first quarter of 2010 through February.
GWI’s traffic in February 2011 was negatively impacted by winter weather in North America and flooding in Australia. In Australia, Cyclone Carlos temporarily washed out a section of track at the northern end of the Adelaide to Darwin rail line resulting in a track closure for 8 days. The railroad reopened in late February.