AusRAIL, Market Sectors

ARG’s grainy snapshot pleases GWI

<p>A vastly improved grain season has lifted Australian Railroad Group (ARG) wagon volumes 12.5% for the final quarter of 2003.</p> <p>US-based half-owner Genesee &#38 Wyoming (GWI) reported ARG’s total of 233,788 carloads for the fourth quarter of 2003, an increase of 25,997 carloads on the same period last year.</p> <p>ARG also increased carloads in other commodities over the same period, including iron ore, alumina and gypsum. </p> <br />