Genesee & Wyoming Releases Operational Figures for Q3 and September
In terms of operating metrics, Genesee & Wyoming had an encouraging Q3 and September. The company has released key figures for both periods, and they're generally higher on a year-over-year basis.
For the month, total carloads came in at 155,650, 7.5% higher than the year-ago September's 144,775. Individual goods categories recording the highest increases were metallic ores, shipments of which advanced just over 29% on a year-over-year basis, waste (23.9%), and petroleum products (18.5%).
In Q3, Genesee & Wyoming's total carloads amounted to 482,823, which is almost 7% higher than Q3 2012's 452,193. As with the monthly results, metallic ores topped the list of best individual category winners with a 37.6% rise. Other strong performers were petroleum products (23.2%) and autos and auto parts (18.7%).
The article Genesee & Wyoming Releases Operational Figures for Q3 and September originally appeared on Fool.com.Fool contributor Eric Volkman has no position in Genesee & Wyoming. The Motley Fool recommends Genesee & Wyoming. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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