Thursday, April 11, 2013

Rail Car Loadings -- Genesee & Whoming's Carloads Increased !00% Over One Year Ago

From Yahoo!In-Play early this morning:
6:31AM Genesee & Wyoming's traffic in March 2013 was 154,077 carloads, an increase of 77,031 carloads, or 100.0%, compared to co's traffic in March 2012 : Co reported traffic volumes for March 2013 and the first quarter of 2013. G&W's traffic in March 2013 was 154,077 carloads, an increase of 77,031 carloads, or 100.0%, compared to G&W's traffic in March 2012, and an increase of 5,198 carloads, or 3.5%, compared to total March 2012 carloads pro forma for the RA acquisition. G&W's traffic in the first quarter of 2013 was 450,304 carloads, an increase of 228,126 carloads, or 102.7%, compared to G&W's traffic in the first quarter of 2012, and an increase of 19,387 carloads, or 4.5%, compared to total first quarter of 2012 pro forma for the RA acquisition.
From Yahoo!In-Play late this afternoon:
5:42PM HollyFrontier and Holly Energy Partners (HEP) announce New Mexico crude oil rail project: Co and Holly Energy Partners, L.P. (HEP) announced that the companies are collaborating to construct a rail facility that will enable crude oil loading and unloading near HollyFrontier's Artesia and/or Lovington, New Mexico refining facilities. The rail project, which will be connected to Holly Energy's crude oil pipeline transportation system in southeastern New Mexico, will have an initial capacity of up to 70,000 barrels per day and will enable access to a variety of crude oil types including West Texas Intermediate (WTI), West Texas Sour (WTS) and Western Canadian Select (WCS). The project will provide both additional crude oil takeaway options for producers as crude production in the region continues to grow, and an expanded set of crude oil sourcing options for HollyFrontier. Project completion is expected by early 2014.
 The modern crude-by-rail phenomenon began a few miles southwest of Williston. At least that's my myth.

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