ARCHIVE

Coal slump slices into RailAmerica's numbers

WHILE Florida-based short-line and regional rail shipper RailAmerica realized a 3.7% year-on-year...

Donna Schmidt

This article is 12 years old. Images might not display.

The company said total freight carloads for last month were 72,820 versus 70,238 in June 2011.

Included in its June 2012 totals were 1855 carloads from acquisitions and on a "same railroad" basis, carloads rose 1%.

RailAmerica increased shipments in seven out of 12 of its commodity groups versus the same period last year, including agricultural products and motor vehicles.

Logging the biggest declines in June were coal and metallic ores and metals, with coal’s drops primarily due to lower shipments in the Midwest as well as the central and northeast regions.

The lower metallic ores and metals numbers were attributed to reduced shipments in the northeast.

RailAmerica operates a portfolio of 45 individual railroads with about 7500 track miles in 28 US states and three Canadian provinces.

TOPICS:

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining Monthly Intelligence team.

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining Monthly Intelligence team.

editions

Mining Magazine Intelligence: Automation and Digitalisation Report 2024

Exclusive research for Mining Magazine Intelligence Automation and Digitalisation Report 2024 shows mining companies are embracing cutting-edge tech

editions

ESG Mining Company Index: Benchmarking the Future of Sustainable Mining

The ESG Mining Company Index report provides an in-depth evaluation of ESG performance of 61 of the world's largest mining companies. Using a robust framework, it assesses each company across 9 meticulously weighted indicators within 6 essential pillars.

editions

Mining Magazine Intelligence Exploration Report 2024 (feat. Opaxe data)

A comprehensive review of exploration trends and technologies, highlighting the best intercepts and discoveries and the latest initial resource estimates.

editions

Mining Magazine Intelligence Future Fleets Report 2024

The report paints a picture of the equipment landscape and includes detailed profiles of mines that are employing these fleets