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Genesee & Wyoming Reports Traffic for August 2014

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Genesee & Wyoming Inc. (G&W) (NYSE:GWR) today reported traffic volumes for August 2014.

G&W’s traffic in August 2014 was 179,184 carloads, an increase of 17,083 carloads, or 10.5%, compared with August 2013. G&W’s same-railroad traffic in August 2014 was 174,013 carloads, an increase of 11,912 carloads, or 7.3%, compared with August 2013.

G&W’s traffic in the third quarter of 2014 through August was 356,370 carloads, an increase of 29,197 carloads, or 8.9%, compared with the third quarter of 2013 through August. G&W’s same-railroad traffic in the third quarter of 2014 through August was 345,827 carloads, an increase of 18,654 carloads, or 5.7%, compared with the third quarter of 2013 through August.

The table below sets forth consolidated summary carload information for August 2014 and August 2013 by commodity group.

August

August

%

Consolidated G&W

2014

2013

Change

Change

Coal & Coke 31,089 27,090 3,999 14.8%
Minerals & Stone 23,156 19,368 3,788 19.6%
Agricultural Products 22,213 17,782 4,431 24.9%
Metals 16,565 15,320 1,245 8.1%
Pulp & Paper 15,007 15,016 (9) (0.1%)
Chemicals & Plastics 14,292 14,037 255 1.8%
Lumber & Forest Products 12,135 11,328 807 7.1%
Petroleum Products 8,460 9,375 (915) (9.8%)
Metallic Ores 6,437 6,451 (14) (0.2%)
Intermodal 5,938 7,057 (1,119) (15.9%)
Food and Kindred Products 5,195 4,517 678 15.0%
Waste 3,464 4,019 (555) (13.8%)
Autos & Auto Parts 2,964 3,277 (313) (9.6%)
Other 12,269 7,464 4,805 64.4%
Total carloads 179,184 162,101 17,083 10.5%
Carloads from New Railroads(1) 5,171
Same-railroad carloads 174,013 162,101 11,912 7.3%

(1) Rapid City, Pierre & Eastern Railroad, Inc. contributed 3,008 carloads of agricultural products traffic, 1,249 carloads of minerals & stone traffic, 666 carloads of chemicals & plastics traffic and 248 carloads from all other commodities.

Same-railroad Highlights:

The following highlights relate to same-railroad traffic, excluding traffic from the Rapid City, Pierre & Eastern Railroad, which commenced operations on June 1, 2014.

  • North American traffic increased 12,894 carloads, or 9.1%, primarily due to increased overhead Class 1 shipments and increased coal, agricultural products and minerals & stone traffic.
  • Australian traffic decreased 982 carloads, or 4.8%, primarily due to decreased agricultural products traffic.
  • G&W’s Other commodity group traffic increased 4,790 carloads, or 64.2%, primarily due to overhead Class 1 shipments.
  • Coal & coke traffic increased 3,999 carloads, or 14.8%, primarily due to increased steam coal shipments in G&W’s Central and Ohio Valley regions.
  • Minerals & stone traffic increased 2,539 carloads, or 13.1%, primarily due to increased shipments in G&W’s Ohio Valley, Northeast and Central regions.
  • All remaining traffic increased by a net 584 carloads.

The table below sets forth consolidated summary carload information for the third quarter of 2014 through August and the third quarter of 2013 through August by commodity group.

QTD Aug

QTD Aug

Consolidated G&W

2014

2013

Change % Change
Coal & Coke 62,820 55,785 7,035 12.6%
Minerals & Stone 47,546 39,111 8,435 21.6%
Agricultural Products 45,976 39,269 6,707 17.1%
Metals 32,735 31,294 1,441 4.6%
Pulp & Paper 29,984 30,101 (117) (0.4%)
Chemicals & Plastics 28,803 28,284 519 1.8%
Lumber & Forest Products 23,771 22,255 1,516 6.8%
Petroleum Products 17,737 17,676 61 0.3%
Metallic Ores 13,286 13,351 (65) (0.5%)
Intermodal 11,532 13,706 (2,174) (15.9%)
Food and Kindred Products 10,416 8,885 1,531 17.2%
Waste 6,956 8,043 (1,087) (13.5%)
Autos & Auto Parts 5,898 5,925 (27) (0.5%)
Other 18,910 13,488 5,422 40.2%
Total carloads 356,370 327,173 29,197 8.9%
Carloads from New Railroads(1) 10,543
Same-railroad carloads 345,827 327,173 18,654 5.7%

(1) Rapid City, Pierre & Eastern Railroad, Inc. contributed 6,288 carloads of agricultural products traffic, 2,503 carloads of minerals & stone traffic, 1,313 carloads of chemicals & plastics traffic and 439 carloads from all other commodities.

Same-railroad Highlights:

The following highlights relate to same-railroad traffic, excluding traffic from the Rapid City, Pierre & Eastern Railroad, which commenced operations on June 1, 2014.

  • North American traffic increased 21,421 carloads, or 7.5%, primarily due to increased coal and minerals & stone traffic and increased overhead Class 1 shipments.
  • Australian traffic decreased 2,767 carloads, or 6.6%, primarily due to decreased agricultural products and intermodal traffic.
  • Coal & coke traffic increased 7,035 carloads, or 12.6%, primarily due to increased steam coal shipments in G&W’s Central, Midwest and Ohio Valley regions.
  • Minerals & stone traffic increased 5,932 carloads, or 15.2%, primarily due to increased shipments in G&W’s Ohio Valley, Central, Northeast and Midwest regions.
  • G&W’s Other commodity group traffic increased 5,406 carloads, or 40.1%, primarily due to overhead Class 1 shipments.
  • All remaining traffic increased by a net 281 carloads.

Other

Historically, G&W has found that carload information may be indicative of freight revenues on its railroads, but may not be indicative of total revenues, operating expenses, operating income or net income. Car movements related to railcar switching, including activities at port terminals, are excluded from our carload information as the resulting revenues are classified as non-freight.

About G&W

G&W owns short line and regional freight railroads in the United States, Australia, Canada, the Netherlands and Belgium. In addition, G&W Australia operates the 1,400-mile Tarcoola to Darwin rail line, which links the Port of Darwin with the interstate rail network in South Australia. Operations currently include 112 railroads organized in 11 regions, with more than 15,000 miles of owned and leased track, 5,000 employees and over 2,000 customers. G&W subsidiaries provide rail service at 37 ports in North America, Australia and Europe and perform contract coal loading and railcar switching for industrial customers.

For more information, visit gwrr.com.

Exhibit

The table below sets forth North American carloading information for August 2014 and August 2013 by commodity group.

August

August

North American Operations:

2014

2013

Change % Change
Coal & Coke 31,089 27,090 3,999 14.8%
Minerals & Stone 18,092 14,685 3,407 23.2%
Agricultural Products 17,962 12,615 5,347 42.4%
Metals 16,565 15,320 1,245 8.1%
Pulp & Paper 15,007 15,016 (9) (0.1%)
Chemicals & Plastics 14,292 14,037 255 1.8%
Lumber & Forest Products 12,135 11,328 807 7.1%
Petroleum Products 8,433 9,347 (914) (9.8%)
Food and Kindred Products 5,195 4,517 678 15.0%
Waste 3,464 4,019 (555) (13.8%)
Autos & Auto Parts 2,964 3,277 (313) (9.6%)
Metallic Ores 1,769 1,703 66 3.9%
Intermodal 398 1,151 (753) (65.4%)
Other 12,269 7,464 4,805 64.4%
Total carloads 159,634 141,569 18,065 12.8%
Carloads from New Railroads(1) 5,171
Same-railroad carloads 154,463 141,569 12,894 9.1%

(1) Rapid City, Pierre & Eastern Railroad, Inc. contributed 3,008 carloads of agricultural products traffic, 1,249 carloads of minerals & stone traffic, 666 carloads of chemicals & plastics traffic and 248 carloads from all other commodities.

The table below sets forth North American carloading information for the third quarter of 2014 through August and the third quarter of 2013 through August by commodity group.

QTD Aug

QTD Aug

North American Operations:

2014

2013

Change % Change
Coal & Coke 62,820 55,785 7,035 12.6%
Minerals & Stone 37,675 29,675 8,000 27.0%
Agricultural Products 36,828 28,263 8,565 30.3%
Metals 32,735 31,294 1,441 4.6%
Pulp & Paper 29,984 30,101 (117) (0.4%)
Chemicals & Plastics 28,803 28,284 519 1.8%
Lumber & Forest Products 23,771 22,255 1,516 6.8%
Petroleum Products 17,684 17,617 67 0.4%
Food and Kindred Products 10,416 8,885 1,531 17.2%
Waste 6,956 8,043 (1,087) (13.5%)
Autos & Auto Parts 5,898 5,925 (27) (0.5%)
Metallic Ores 3,632 3,350 282 8.4%
Intermodal 783 1,966 (1,183) (60.2%)
Other 18,910 13,488 5,422 40.2%
Total carloads 316,895 284,931 31,964 11.2%
Carloads from New Railroads(1) 10,543
Same-railroad carloads 306,352 284,931 21,421 7.5%

(1) Rapid City, Pierre & Eastern Railroad, Inc. contributed 6,288 carloads of agricultural products traffic, 2,503 carloads of minerals & stone traffic, 1,313 carloads of chemicals & plastics traffic and 439 carloads from all other commodities.

The table below sets forth Australian carloading information for August 2014 and August 2013 by commodity group.

August

August

%

Australian Operations:

2014

2013

Change

Change

Intermodal 5,540 5,906 (366) (6.2%)
Minerals & Stone 5,064 4,683 381 8.1%
Metallic Ores 4,668 4,748 (80) (1.7%)
Agricultural Products 4,251 5,167 (916) (17.7%)
Petroleum Products 27 28 (1) (3.6%)
Total carloads 19,550 20,532 (982) (4.8%)

The table below sets forth Australian carloading information for the third quarter of 2014 through August and the third quarter of 2013 through August by commodity group.

QTD Aug

QTD Aug

%

Australian Operations:

2014

2013

Change

Change

Intermodal 10,749 11,740 (991) (8.4%)
Minerals & Stone 9,871 9,436 435 4.6%
Metallic Ores 9,654 10,001 (347) (3.5%)
Agricultural Products 9,148 11,006 (1,858) (16.9%)
Petroleum Products 53 59 (6) (10.2%)
Total carloads 39,475 42,242 (2,767) (6.6%)

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