Genesee & Wyoming January traffic rises 12 percent Associated Press, 02.10.09, 08:24 AM EST Freight railroad operator Genesee & Wyoming Inc. said Tuesday its January traffic from continuing operations rose 12 percent, mainly as a result of carloads shipped by railroads the company acquired over the past year. Genesee & Wyoming said it shipped a total of 72,015 carloads in January, up 12 percent from 64,164 in the same month last year. The recent month's total included a combined 13,887 carloads from railroads acquired in the past 12 months. Same-railroad traffic - or carloads shipped by railroads owned for at least a year - fell by 6,036 carloads, or 9.4 percent, from January 2008 levels. Genesee & Wyoming said the drop was mainly a result of declines in pulp & paper, metals and lumber & forest products traffic. Those drops were partially offset by a 1,901 carload increase in farm & food products traffic, the company said.
