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St. Lawrence & Atlantic Railroad City of Auburn, Maine “Success in Public Private Partnership”. Our Current Business, Opportunities and Future depend on our partnerships…. Overview. Listed on NYSE with market cap of ~$5 billion
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St. Lawrence & Atlantic RailroadCity of Auburn, Maine“Success in Public Private Partnership” Our Current Business, Opportunities and Future depend on our partnerships…
Overview • Listed on NYSE with market cap of ~$5 billion • Own 111 railroads and employ 4,600 people serving 2,000 customers • Operate ~15,000 miles of track with ~1,000 locomotives • Provide rail services in the United States, Canada, Australia, the Netherlands and Belgium
Consistent Improvement in Safety Injury Frequency Rate per 200,000 Employee Hours FRA Group 3 FRA Group 2 Class I G&W G&W full-year 2012 results; other 2012 results through November
2012 G&W Safety PerformanceInjury Frequency Rate per 200,000 man-hours
Decentralized Operating Philosophy Ten regions with strong local management combined with centralized administrative and functional support • Focused Regional Marketing • Lower Operating Costs • Efficient Use of Capital • Continuous Safety Improvement
POA – 147 Acres MB Bark – 180 Acres Rangely Branch Project State of Maine $3M Investment Maine Intermodal 35 Acre COFC-Transload LARR Rangely Branch Project Auburn, Maine
Poland Springs Bottling Nalco Chemical Savage Safe Handling Auburn, ME
Outstanding Customer Service November 2011 Survey by a Leading Customer-Satisfaction Research Firm 15 Genesee & Wyoming Inc.
Next Steps…Capacity Improvements Our longer range sustainability will depend on infrastructure improvements. Tiger V Grant application will include a 45% match by SLR The industry is quickly moving to higher capacity, rail, trucks, ships Our success comes by enabling small business’s to succeed
An SL&A Customer Perspective… “For the past fifteen years since we began buying Southern Pine and shipping via rail, our many vendors have had difficulty meeting the weight restrictions of the original track design of the SLR. I can’t tell you how often I’ve received calls from the CN about overweight cars which needed some product to be off loaded before the shipment could continue. This cost my suppliers time and money and lowered the volume shipped per car which lowered our efficiencies and increased our costs. Due to this I’ve probably been a real pain to the SLR having asked them repeatedly over the years to remedy this and improve their track to handle 286,000 lb. rail shipments like everywhere else.” Harold Bumby – President - Maine Wood Treaters, Inc Mechanic Falls , Maine