Genesee & Wyoming Reports Traffic for August 2016

Genesee & Wyoming Inc. (G&W) (NYSE:GWR) today reported traffic volumes for August 2016.

G&W’s traffic in August 2016 was 252,068 carloads, a decrease of 887 carloads, or 0.4%, compared with August 2015.

G&W’s traffic in the third quarter of 2016 through August was 495,018 carloads, a decrease of 23,338 carloads, or 4.5%, compared with the third quarter of 2015 through August.

The table below sets forth summary total carloads by segment for August 2016 and August 2015.

August 2016 Highlights by Segment

• North American Operations: Traffic in August 2016 was 138,530 carloads, a decrease of 2.8% compared with August 2015. The decrease was primarily due to reduced coal & coke traffic.
• Australian Operations: Traffic in August 2016 was 14,349 carloads, a decrease of 11.6% compared with August 2015. The decrease was primarily due to reduced agricultural products traffic.
• U.K./European Operations: Traffic in August 2016 was 99,189 carloads, an increase of 5.3% compared with August 2015. The increase was primarily due to increased intermodal and minerals & stone traffic, partially offset by reduced coal & coke traffic.

The table below sets forth North American Operations carload information for August 2016 and August 2015 by commodity group.

• North American Operations traffic decreased 4,041 carloads, or 2.8%.
• Coal & coke traffic decreased 3,106 carloads, or 12.4%, primarily due to decreased shipments of utility coal in G&W’s Central and Northeast regions.
• All remaining traffic decreased by a net 935 carloads.

The table below sets forth Australian Operations carload information for August 2016 and August 2015 by commodity group.

The decrease in Australian Operations traffic was primarily due to reduced agricultural products traffic primarily as a result of low global crop prices as well as shipping disruptions due to localized flooding.

The table below sets forth U.K./European Operations carload information for August 2016 and August 2015 by commodity group.

• U.K./European Operations traffic increased 5,032 carloads, or 5.3%.
• Intermodal traffic increased 4,084 carloads, or 5.4%, primarily due to increased shipments in the U.K.
• Minerals & stone traffic increased 3,635 carloads, or 30.7%, primarily due to increased shipments in Poland and the U.K.
• Coal & coke traffic decreased 2,812 carloads, or 47.2%, primarily due to decreased shipments in the U.K. and Poland.
• All remaining traffic increased by a net 125 carloads.

Third Quarter of 2016 Through August Traffic

The table below sets forth summary total carloads by segment for the third quarter of 2016 through August and the third quarter of 2015 through August.

The table below sets forth North American Operations carload information for the third quarter of 2016 through August and the third quarter of 2015 through August by commodity group.

The table below sets forth Australian Operations carload information for the third quarter of 2016 through August and the third quarter of 2015 through August by commodity group.

The table below sets forth U.K./European Operations carload information for the third quarter of 2016 through August and the third quarter of 2015 through August by commodity group.

Other

The term carload represents physical railcars and estimated railcar equivalents of commodities for which G&W is paid on a metric ton or other measure to move freight, as well as intermodal units.

Historically, G&W has found that traffic information may be indicative of freight revenues on its railroads. Freight revenues are revenues for which G&W is paid on a per car, per container or per metric ton basis to move freight. Activities such as railcar switching, port terminal shunting, traction services and other similar freight-related services are excluded from our traffic information as the resulting revenues are not classified as freight revenue. Traffic information may not be indicative of total operating revenues, operating expenses, income from operations or net income.

G&W’s three reportable segments are summarized as follows:

• The North American Operations segment is comprised of eight operating regions in the U.S. and Canada. This segment represents approximately 60% of G&W’s total operating revenues and approximately 80% of G&W’s total income from operations.
• The Australian Operations segment is comprised of operations in South Australia, the Northern Territory and New South Wales. This segment represents approximately 10% of G&W’s total operating revenues and approximately 10% of G&W’s total income from operations.
• The U.K./European Operations segment is comprised of operations in the U.K. and continental Europe. This segment represents approximately 30% of G&W’s total operating revenues and approximately 10% of G&W’s total income from operations.

About G&W

Genesee & Wyoming owns or leases 121 freight railroads worldwide that are organized in 10 operating regions with approximately 7,200 employees and more than 2,800 customers.

• G&W’s eight North American regions serve 41 U.S. states and four Canadian provinces and include 114 short line and regional freight railroads with more than 13,000 track-miles.
• G&W’s Australia Region provides rail freight services in New South Wales, the Northern Territory and South Australia and operates the 1,400-mile Tarcoola-to-Darwin rail line.
• G&W’s U.K./Europe Region is led by Freightliner, the U.K.’s largest rail maritime intermodal operator and second-largest rail freight company. Operations also include heavy-haul in Poland and Germany and cross-border intermodal services connecting Northern European seaports with key industrial regions throughout the continent.

G&W subsidiaries provide rail service at more than 40 major ports in North America, Australia and Europe and perform contract coal loading and railcar switching for industrial customers.

For more information, visit gwrr.com.

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