RailAmerica Reports March Carloads.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. -- RailAmerica RailAmerica, Inc. (NYSE: RRA), based in Boca Raton, Florida, is a holding company of several short-line railroads in the United States and Canada, as well as overseas. , Inc. (NYSE NYSE See: New York Stock Exchange :RRA RRA Registered Record Administrator. ) today reported its freight carloads for the month ended March 31, 2005. Total carloads for March 2005 were 118,115, up 9.1% from 108,214 in March 2004. The acquisitions of the Midland Subdivision, the Chicago Chicago, city, United States Chicago (shĭkä`gō, shĭkô`gō), city (1990 pop. 2,783,726), seat of Cook co., NE Ill., on Lake Michigan; inc. 1837. Fort Wayne Fort Wayne, city (1990 pop. 173,072), seat of Allen co., NE Ind., where the St. Joseph and St. Marys rivers join to form the Maumee River; inc. 1840. It is the second largest city in the state, a major railroad and shipping point, a wholesale and distribution hub, & Eastern 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. and the Central Michigan
Central Michigan, often called Mid-Michigan, is a region in the Lower Peninsula of the U.S. state of Michigan. Railroad, net of the impact of the sale of the Arizona Eastern Railway The Arizona Eastern Railway (AAR reporting marks AZER) was a Class III railroad in the United States state of Arizona. Originally chartered as the Gila Valley, Globe and Northern Railway on January 5 1895, the Arizona Eastern Railroad name took over during construction. in 2004, accounted for 4,769 of the carload carload In commodities trading, a railroad car or truckload of grain that ranges from 1,400 to 2,500 bushels. increase. On a "same railroad" basis, March 2005 carloads increased 4.8% to 113,100, from 107,968 in 2004. The 5,132 carload increase in 2005 was driven by bridge traffic which accounted for 2,885 of the increase. The increase in bridge traffic, which is lower margin business, was partially offset by lower agricultural and auto shipments. On a "same railroad" basis, shipments in ten out of fourteen commodity groups increased. For the three months ended March 31, 2005, total carloads increased 9.4% to 329,879, from 301,541 in 2004. On a "same railroad" basis for the same period, carloads were 313,248, up 4.6% from 299,595 in 2004. "Same railroad" totals exclude carloads associated with 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. , or portions of railroads, sold or acquired by the Company after January January: see month. 1, 2004. Historically, the Company has found that carload information may be indicative of freight revenue on its railroads, but may not be indicative of total revenue, 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 North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. carloads by commodity group for the periods ended March 31, 2005 and 2004. RailAmerica, Inc. (NYSE:RRA) is a leading short line and regional rail service provider with 44 railroads operating approximately 8,900 track miles 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. and Canada Canada (kăn`ədə), independent nation (2001 pop. 30,007,094), 3,851,787 sq mi (9,976,128 sq km), N North America. Canada occupies all of North America N of the United States (and E of Alaska) except for Greenland and the French islands of . The Company is a member of the Russell 2000(R) Index. Its website may be found at http://www.railamerica.com.
RailAmerica, Inc.
Carload Comparisons by Commodity Group
Month/Year-to-Date Ended March 31, 2005 and 2004
Consolidated North American Carloads
MARCH YEAR-TO-DATE
--------------------------------------------- ------------------------
Commodity Group 2005 2004 % Chg 2005 2004 % Chg
---------------------------- -------- ------- -------- -------- ------
Bridge Traffic 20,227 17,337 16.7% 55,624 50,444 10.3%
---------------------------- -------- ------- -------- -------- ------
Coal 13,767 12,331 11.6% 38,112 35,233 8.2%
---------------------------- -------- ------- -------- -------- ------
Lumber & Forest
Products 12,337 11,290 9.3% 33,398 30,464 9.6%
---------------------------- -------- ------- -------- -------- ------
Chemicals 10,631 9,283 14.5% 30,204 25,258 19.6%
---------------------------- -------- ------- -------- -------- ------
Agricultural & Farm
Products 10,526 9,805 7.4% 30,522 26,472 15.3%
---------------------------- -------- ------- -------- -------- ------
Paper Products 9,059 8,563 5.8% 26,698 24,910 7.2%
---------------------------- -------- ------- -------- -------- ------
Metals 8,909 8,478 5.1% 23,491 24,014 -2.2%
---------------------------- -------- ------- -------- -------- ------
Food Products 7,702 6,527 18.0% 22,875 18,377 24.5%
---------------------------- -------- ------- -------- -------- ------
Petroleum Products 5,656 4,864 16.3% 15,362 13,631 12.7%
---------------------------- -------- ------- -------- -------- ------
Metallic/Non-
metallic Ores 5,509 5,383 2.3% 15,192 15,783 -3.7%
---------------------------- -------- ------- -------- -------- ------
Minerals 4,931 4,492 9.8% 13,659 12,141 12.5%
---------------------------- -------- ------- -------- -------- ------
Intermodal 3,484 3,393 2.7% 9,499 8,557 11.0%
---------------------------- -------- ------- -------- -------- ------
Autos 2,406 3,134 -23.2% 6,744 8,066 -16.4%
---------------------------- -------- ------- -------- -------- ------
Other 2,971 3,334 -10.9% 8,499 8,191 3.8%
---------------------------- -------- ------- -------- -------- ------
TOTAL 118,115 108,214 9.1% 329,879 301,541 9.4%
---------------------------- -------- ------- -------- -------- ------
"Same Railroad" Carloads
MARCH YEAR-TO-DATE
-------------------------------------------- ------------------------
Commodity Group 2005 2004 % Chg 2005 2004 % Chg
---------------------------- -------- ------ -------- -------- ------
Bridge Traffic 20,222 17,337 16.6% 55,528 50,419 10.1%
---------------------------- -------- ------ -------- -------- ------
Coal 13,767 12,331 11.6% 38,112 35,114 8.5%
---------------------------- -------- ------ -------- -------- ------
Lumber & Forest
Products 12,047 11,290 6.7% 32,507 30,450 6.8%
---------------------------- -------- ------ -------- -------- ------
Chemicals 9,604 9,281 3.5% 26,465 24,977 6.0%
---------------------------- -------- ------ -------- -------- ------
Agricultural & Farm
Products 8,925 9,805 -9.0% 25,262 26,444 -4.5%
---------------------------- -------- ------ -------- -------- ------
Paper Products 8,661 8,563 1.1% 25,558 24,885 2.7%
---------------------------- -------- ------ -------- -------- ------
Metals 8,256 8,443 -2.2% 21,646 23,561 -8.1%
---------------------------- -------- ------ -------- -------- ------
Food Products 6,868 6,527 5.2% 20,101 18,376 9.4%
---------------------------- -------- ------ -------- -------- ------
Petroleum Products 5,606 4,854 15.5% 15,209 13,550 12.2%
---------------------------- -------- ------ -------- -------- ------
Metallic/Non-
metallic Ores 5,464 5,189 5.3% 15,083 14,952 0.9%
---------------------------- -------- ------ -------- -------- ------
Minerals 4,904 4,487 9.3% 13,500 12,098 11.6%
---------------------------- -------- ------ -------- -------- ------
Intermodal 3,480 3,393 2.6% 9,426 8,557 10.2%
---------------------------- -------- ------ -------- -------- ------
Autos 2,360 3,134 -24.7% 6,644 8,054 -17.5%
---------------------------- -------- ------ -------- -------- ------
Other 2,936 3,334 -11.9% 8,207 8,158 0.6%
---------------------------- -------- ------ -------- -------- ------
TOTAL 113,100 107,968 4.8% 313,248 299,595 4.6%
---------------------------- -------- ------ -------- -------- ------
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