RailAmerica Reports May 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 and five months ended May 31, 2005. Total carloads for May 2005 were 109,648, up 10.3% from 99,407 in May 2004. The acquisitions of the Midland Subdivision and 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. , 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 4,856 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, May 2005 carloads increased 5.5% to 104,095, from 98,710 in 2004. The 5,385 carload increase in 2005 was driven by bridge traffic which accounted for 2,475 of the increase. The increase in bridge traffic, which is lower margin business, was partially offset by lower auto shipments. On a "same railroad" basis, shipments in ten out of fourteen commodity groups increased. For the five months ended May 31, 2005, total carloads increased 9.6% to 551,520, from 502,983 in 2004. On a "same railroad" basis for the same period, carloads were 523,784, up 4.8% from 499,657 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 May 31, 2005 and 2004. RailAmerica, Inc. (NYSE:RRA) is a leading short line and regional rail service provider with 43 railroads operating approximately 8,800 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 Russell, English noble family. It first appeared prominently in the reign of Henry VIII when John Russell, 1st earl of Bedford, 1486?–1555, rose to military and diplomatic importance. 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 May 31, 2005 and 2004
Consolidated North American Carloads
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MAY YEAR-TO-DATE
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Commodity Group 2005 2004 % Chg 2005 2004 % Chg
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Bridge Traffic 15,891 13,403 18.6% 90,464 79,755 13.4%
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Lumber & Forest Products 12,237 11,153 9.7% 57,301 52,769 8.6%
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Coal 12,067 13,328 -9.5% 62,992 60,418 4.3%
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Chemicals 9,973 8,696 14.7% 50,253 43,187 16.4%
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Agricultural & Farm
Products 9,720 8,631 12.6% 50,142 43,313 15.8%
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Paper Products 8,941 8,632 3.6% 44,542 42,502 4.8%
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Metals 8,805 7,384 19.2% 41,685 39,418 5.8%
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Food Products 7,163 5,777 24.0% 37,229 29,880 24.6%
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Metallic/Non-metallic Ores 6,024 5,550 8.5% 27,104 27,384 -1.0%
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Minerals 5,213 4,417 18.0% 23,864 21,068 13.3%
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Petroleum Products 4,970 4,120 20.6% 24,701 21,410 15.4%
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Intermodal 2,873 2,662 7.9% 14,669 14,116 3.9%
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Autos 2,093 2,612 -19.9% 10,784 13,378 -19.4%
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Other 3,678 3,042 20.9% 15,790 14,385 9.8%
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TOTAL 109,648 99,407 10.3% 551,520 502,983 9.6%
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"Same Railroad" Carloads
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MAY YEAR-TO-DATE
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Commodity Group 2005 2004 % Chg 2005 2004 % Chg
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Bridge Traffic 15,878 13,403 18.5% 90,347 79,730 13.3%
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Coal 12,067 13,328 -9.5% 62,992 60,299 4.5%
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Lumber & Forest Products 11,964 11,153 7.3% 55,885 52,755 5.9%
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Chemicals 9,124 8,691 5.0% 45,007 42,901 4.9%
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Paper Products 8,551 8,632 -0.9% 42,588 42,477 0.3%
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Metals 8,169 7,150 14.3% 38,588 38,519 0.2%
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Agricultural & Farm
Products 8,113 8,631 -6.0% 41,318 43,285 -4.5%
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Food Products 6,299 5,777 9.0% 32,776 29,879 9.7%
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Metallic/Non-metallic Ores 5,254 5,109 2.8% 25,563 25,666 -0.4%
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Minerals 5,182 4,415 17.4% 23,651 21,023 12.5%
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Petroleum Products 4,923 4,105 19.9% 24,436 21,289 14.8%
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Intermodal 2,873 2,662 7.9% 14,592 14,116 3.4%
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Autos 2,034 2,612 -22.1% 10,587 13,366 -20.8%
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Other 3,664 3,042 20.4% 15,454 14,352 7.7%
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TOTAL 104,095 98,710 5.5% 523,784 499,657 4.8%
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