GWI reports rise in May traffic
Written by William C. Vantuono, Editor-in-ChiefAmidst its expansion plans, Genesee and Wyoming, Inc. Tuesday reported its May 2010 carload volume rose 19.0% from the comparablemonth a year ago, and its volume for the second quarter to date was up 17.5% compared with the year-ago period.
The company, which operates 62 short line and regional properties, said its metals traffic increased due to increased steel shipments in GWI’s New York/Ohio/Pennsylvania and Southern Regions. Other traffic increases were attributed to increased overhead coal shipments in GWI’s NewYork/Ohio/Pennsylvania Region.
Farm & food products traffic grew primarily due to increased grain shipments in GWI’s Australia and Canada Regions, GWI said.
