RailAmerica, Inc. Reports October 2012 Carloads

Mr. RSS Nov 13, 2012

  1. Mr. RSS

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    JACKSONVILLE, FL, November 13, 2012 – RailAmerica today reported that its total freight carloads for the month ended October 31, 2012 were 75,833, up 6.2% from 71,418 in October 2011. On October 1, 2012, RailAmerica, Inc. (RailAmerica) was acquired by Genesee & Wyoming Inc. (GWI) (NYSE:GWR) and simultaneously deregistered its common stock and delisted from the New York Stock Exchange. Immediately following the closing of the acquisition, control of RailAmerica was placed into a voting trust with R. Lawrence McCaffrey appointed as trustee. The voting trust will remain in effect until the STB issues its decision on the Company's application to control RailAmerica's railroads. Based ...

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