RailAmerica, Inc. Reports October 2012 Carloads

               RailAmerica, Inc. Reports October 2012 Carloads

PR Newswire

JACKSONVILLE, Fla., Nov. 13, 2012

JACKSONVILLE, Fla., Nov. 13, 2012 /PRNewswire/ -- 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 on the Company's
application and the statutory STB review periods for minor transactions, the
STB decision could be issued as early as the fourth quarter of 2012 or as late
as the first quarter of 2013.

For the pendency of the trust, GWI will account for its ownership of
RailAmerica under the equity method of accounting and RailAmerica will
continue to report its carloadings independent of those of GWI. This press
release is posted on RailAmerica's website, www.railamerica.com. GWI's carload
press release can be found on www.gwrr.com.

The Company increased shipments in October 2012 in seven out of twelve
commodity groups compared to October 2011. The largest increases were in
Agricultural Products, Chemicals and Other. Agricultural Products were up in
all regions with particular strength in the West and Midwest regions.
Chemicals increased primarily due to higher shipments in the Midwest and West
regions. Shipments in the Other category were up in all regions, other than
the West region, which was slightly down. The Other category includes crude
oil, which accounted for a large portion of the increase compared to October
2011. 

The largest declines were in Coal, Metallic Ores and Metals, and Waste and
Scrap Materials. Metallic Ores and Metals shipments declined primarily due to
reduced metals shipments in the Northeast region. Coal decreased primarily
due to lower shipments in the Central region. Waste and Scrap Materials
declined primarily due to lower volumes in the Southeast, Northeast and
Central regions.

October 2012 carloads include 1,415 carloads from acquisitions. On a "same
railroad" basis, carloads increased 4.2%.  

RailAmerica, Inc. owns and operates short-line and regional freight railroads
in North America, operating a portfolio of 45 individual railroads with
approximately 7,500 miles of track in 28 U.S. states and three Canadian
provinces.

RailAmerica, Inc.

Carload Comparisons by Commodity Group

Month Ended October 31, 2012 and 2011, respectively
                                   October
Commodity Group                    2012    2011   % Chg
Agricultural Products              14,824  10,555 40.4%
Coal                               10,818  13,926 -22.3%
Chemicals                          8,443   7,346  14.9%
Non-Metallic Minerals and Products 7,237   7,367  -1.8%
Pulp, Paper & Allied Products      5,830   4,899  19.0%
Forest Products                    5,013   4,016  24.8%
Food or Kindred Products           4,734   4,889  -3.2%
Metallic Ores and Metals           4,663   6,388  -27.0%
Waste & Scrap Materials            4,372   5,483  -20.3%
Other                              3,956   2,447  61.7%
Petroleum                          3,815   2,762  38.1%
Motor Vehicles                     2,128   1,340  58.8%
TOTAL                              75,833  71,418 6.2%
Less WCOR and MQTR*                (1,415)
Same Railroad                      74,418  71,418 4.2%

* Wellsboro and Corning Railroad (WCOR), and Marquette Railroad (MQTR).
Represents 100% of WCOR carloads, which is 70% owned by RailAmerica.

** October 2012 carloads exclude 66 carloads from WCOR that are eliminated as
part of an intercompany transaction between WCOR and TransRail North America,
a transload entity.

SOURCE RailAmerica, Inc.

Website: http://www.gwrr.com
Contact: Donia Crime, +1-904-645-6200, Cell, +1-404-271-1437