Genesee & Wyoming Reports Traffic for April 2019

DARIEN, Conn.–(BUSINESS WIRE)–Genesee & Wyoming Inc. (G&W) (NYSE:GWR) today reported traffic volumes
for April 2019.

G&W’s total traffic in April 2019 was 255,647 carloads, a decrease of
14,454 carloads, or 5.4%, compared with April 2018. G&W’s same railroad
traffic in April 2019 decreased 815 carloads, or 0.3%, compared with
G&W’s traffic in April 2018, excluding carloads from G&W’s former
Continental European intermodal business (ERS), which was sold in June
2018, and short line lease expirations in Canada (Goderich-Exeter
Railway (GEXR) and Southern Ontario Railway (SOR)) in the fourth quarter
of 2018.

The table below sets forth summary total carloads by segment.

Highlights by Segment

• North American Operations: Traffic in April 2019 was 139,903 carloads,
  an increase of 2.9% compared with April 2018. Same railroad traffic in
  April 2019 increased 4.8% compared with April 2018, excluding short
  line lease expirations in Canada, primarily due to increased
  agricultural products, minerals & stone and chemicals & plastics
  traffic, partially offset by decreased coal & coke traffic.
• Australian Operations: Traffic in April 2019 was 43,123 carloads, a
  decrease of 10.6% compared with April 2018, primarily due to decreased
  agricultural products and coal & coke traffic. Carload information for
  G&W’s 51.1% owned Australian Operations is presented on a 100% basis.
• U.K./European Operations: Traffic in April 2019 was 72,621 carloads, a
  decrease of 15.5% compared with April 2018. Same railroad traffic in
  April 2019 decreased 2.8% compared with April 2018, excluding traffic
  from ERS, primarily due to decreased intermodal traffic in the U.K.,
  partially offset by increased petroleum products traffic in the U.K.

The table below sets forth North American Operations carload information
by commodity group.

The following highlights relate to North American same railroad traffic:

• Agricultural products traffic increased 2,658 carloads, or 15.9%,
  primarily due to increased shipments in G&W’s Western and Midwest
  regions.
• Minerals & stone traffic increased 2,434 carloads, or 13.0%, due to
  increased shipments in all G&W regions, led by the Northeast Region.
• Chemicals & plastics traffic increased 1,957 carloads, or 14.2%,
  primarily due to increased shipments in G&W’s Western and Midwest
  regions.
• Coal & coke traffic decreased 2,341 carloads, or 12.3%, primarily due
  to decreased shipments in G&W’s Southern Region, partially offset by
  increased shipments in G&W’s Northeast Region.
• All remaining traffic increased by a net 1,698 carloads.

The table below sets forth carload information for G&W’s 51.1% owned
Australian Operations by commodity group.

• Agricultural products traffic decreased 3,336 carloads, or 65.9%,
  primarily due to a weaker 2018-2019 South Australia grain harvest.
• Coal & coke traffic decreased 1,089 carloads, or 3.5%, primarily due
  to decreased shipments in the Hunter Valley.
• All remaining traffic decreased by a net 681 carloads.

The table below sets forth U.K./European Operations carload information
by commodity group.

The following highlights relate to U.K./European same railroad traffic:

• Intermodal traffic decreased 2,229 carloads, or 3.9%, due to decreased
  shipments in the U.K.
• Petroleum products traffic increased 1,183 carloads due to new jet
  fuel shipments in the U.K.
• All remaining traffic decreased by a net 1,069 carloads.

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, operating
income or net income. Please refer to the documents G&W files from time
to time with the Securities and Exchange Commission, such as its Form
10-Q and 10-K, which contain additional information on G&W’s freight
traffic and segment reporting.

About G&W

G&W owns or leases 120 freight railroads organized in eight locally
managed operating regions with 8,000 employees serving 3,000 customers.

• G&W’s six 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 serves New South Wales, the Northern Territory
  and South Australia and operates the 1,400-mile Tarcoola-to-Darwin
  rail line. The Australia Region is 51.1% owned by G&W and 48.9% owned
  by a consortium of funds and clients managed by Macquarie
  Infrastructure and Real Assets.
• G&W’s UK/Europe Region includes the U.K.’s largest rail maritime
  intermodal operator and second-largest freight rail provider, as well
  as regional rail services in Continental Europe.

G&W subsidiaries and joint ventures also provide rail service at more
than 40 major ports, rail-ferry service between the U.S. Southeast
and Mexico, transload services, contract coal loading, and industrial
railcar switching and repair.

For more information, visit gwrr.com.

Contacts

Genesee & Wyoming Inc.
Thomas D. Savage, 1-203-202-8900
Senior
Vice President – Corporate Development & Treasurer
Web Site: http://www.gwrr.com