RailAmerica Reports February 2000 Carloadings.Business Editors BOCA RATON Boca Raton (bō`kə rətōn`), city (1990 pop. 61,492), Palm Beach co., SE Fla., on the Atlantic; inc. 1925. Boca Raton is a popular resort and retirement community that experienced significant industrial development in the 1970s and 80s. , Fla.--(BUSINESS WIRE)--April 4, 2000 RailAmerica, Inc. (Nasdaq:RAIL), the world's largest short line and regional railroad railroad or railway, form of transportation most commonly consisting of steel rails, called tracks, on which freight cars, passenger cars, and other rolling stock are drawn by one locomotive or more. operator, today announced that total carloadings (including intermodal) for February 2000 increased 772% to 106,124, from 12,176 in February 1999. The Company experienced traffic gains primarily in agricultural products, autos, chemicals and forest products. Carloading totals for 2000 include the recently acquired RailTex railroad properties (as of February 2000), the Toledo, Peoria and Western railroad The following railroads have been known as Western Railroad or Western Railway:
North American North American named after North America. North American blastomycosis see North American blastomycosis. North American cattle tick see boophilusannulatus. Carloads Total North American carloads for February 2000 rose 1,468% to 75,701, from 4,827 in February 1999. Traffic gains were realized in agricultural products, non-metallic ores and autos. North American carload carload In commodities trading, a railroad car or truckload of grain that ranges from 1,400 to 2,500 bushels. totals for 2000 include the recently acquired RailTex railroad properties (as of February), the Toledo, Peoria and Western railroad and the former RaiLink properties. Year-to-date carloadings were 99,748, a 988% increase over the 9,166 in 1999. International Carloads Total international carloads for February 2000 increased 314% to 30,423, from 7,349 in February 1999. Traffic gains were realized in agricultural products, forest products, petroleum products and intermodal moves. International carload totals for 2000 include the recently acquired Freight Australia railroad. Year-to-date international carloadings were 56,752, a 282% increase over the 14,846 in 1999. Historically, the Company has found that carloading information may be indicative of freight revenues on its railroads rail·road n. 1. A road composed of parallel steel rails supported by ties and providing a track for locomotive-drawn trains or other wheeled vehicles. 2. , but may not be indicative of total revenues, operating expenses Operating expenses The amount paid for asset maintenance or the cost of doing business, excluding depreciation. Earnings are distributed after operating expenses are deducted. , operating income Operating Income The profit realized from a business' own operations. Notes: This would not include income from things such as investments in other firms. Also referred to as operating profit or recurring profit. or net income. Attached is a comparison of consolidated carloadings by commodity group for the month and year-to-date as of February 29, 2000 and February 28, 1999. RailAmerica, Inc. (www.railamerica.com), the world's largest short line and regional railroad operator, owns or has equity interests in 50 short line and regional railroads operating more than 12,500 route miles The number of miles that are spanned by a telecommunications network. It does not include combined wire mileage due to multiple wires or fibers within a single cable or by overlapping segments, just the total geographic distance between cities or other terminal points. in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. , Canada, Australia and the Republic of Chile. The Company also owns Kalyn/Siebert, L.P. and Kalyn/Siebert, Canada, Inc., specialty truck trailer manufacturers with production facilities in Gatesville, Texas Gatesville is a city in Coryell County, Texas, United States. The population was 15,591 at the 2000 census. It is the county seat of Coryell CountyGR6. and Trois-Rivieres, Quebec, Canada. This press release contains forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. regarding future events and the performance of RailAmerica that involve risks and uncertainties that could cause actual results to differ materially including, but not limited to, failure to achieve expected synergies, failure to successfully integrate operations, economic conditions, customer demand, increased competition in the relevant market, and others. We refer you to the documents that RailAmerica files from time to time with the Securities and Exchange Commission, such as the Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. , Form 10-Q Form 10-Q See 10-Q. and Form 8-K Form 8-K The form required by the SEC when a publicly held company incurs any event that might affect its financial situation or the share value of its stock. Form 8-K See 8-K. , which contain additional important factors that could cause its actual results to differ from its current expectations and from the forward-looking statements contained in this press release.
RailAmerica, Inc.
Carload Comparison by Commodity Group
For the Periods Ended February 29, 2000 and February 28, 1999
MONTH
Commodity Group 2000 % of Total 1999 % of Total
Railroad Equipment/Bridge
Traffic 17,355 16.4% 0 0.0%
Agricultural & Farm Products 15,222 14.3% 1,475 12.1%
Non-metallic Ores 11,800 11.1% 7,262 59.6%
Intermodal Units 11,221 10.6% 0 0.0%
Lumber & Forest Products 11,005 10.4% 654 5.4%
Chemicals 7,539 7.1% 353 2.9%
Coal 6,228 5.9% 442 3.6%
Paper Products 5,356 5.0% 671 5.5%
Autos 4,980 4.7% 132 1.1%
Metals 4,432 4.2% 424 3.5%
Minerals 3,237 3.1% 295 2.4%
Other 2,741 2.5% 192 1.6%
Food Products 2,553 2.4% 135 1.1%
Petroleum Products 2,455 2.3% 141 1.2%
TOTAL 106,124 100.0% 12,176 100.0%
YEAR-TO-DATE
Commodity Group 2000 % of Total 1999 % of Total
Agricultural & Farm Products 26,754 17.1% 3,164 13.2%
Railroad Equipment/Bridge
Traffic 24,944 15.9% 0 0.0%
Intermodal Units 21,845 14.0% 0 0.0%
Non-metallic Ores 18,441 11.8% 14,516 60.5%
Lumber & Forest Products 13,867 8.9% 1,267 5.3%
Chemicals 9,964 6.4% 611 2.5%
Paper Products 7,595 4.9% 1,241 5.2%
Coal 6,901 4.4% 872 3.6%
Autos 5,512 3.5% 240 1.0%
Minerals 4,773 3.0% 563 2.3%
Metals 4,740 3.0% 563 2.3%
Petroleum Products 4,473 2.9% 292 1.2%
Other 3,769 2.3% 400 1.7%
Food Products 2,922 1.9% 283 1.2%
TOTAL 156,500 100.0% 24,012 100.0%
Note: 1999 figures do not include RailTex, Freight Australia,
RaiLink or Toledo, Peoria & Western railroads. Year-to-date February
2000 figures include RailTex for February only
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