Genesee & Wyoming Canada

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Genesee & Wyoming Canada Genesee & Wyoming Canada Maritime Lumber Bureau- May, 2018 Genesee & Wyoming Inc. 1 Genesee & Wyoming Inc. 1899 The original Genesee & Wyoming Railroad- 14 miles in upstate NY serving one customer that we still serve today Genesee & Wyoming Canada inc. 2 By the way, the Genesee and Wyoming Railroad doesn’t operate in either Genesee or Wyoming counties! Genesee & Wyoming Canada inc. 3 The Retsof Salt Mine in Livingston County, New York Genesee & Wyoming Canada inc. 4 G&W Board of Directors 1899 Genesee & Wyoming Canada inc. 5 Centralized (G&W Corporate) Support Rochester, NY 140 people Darien, CT – Accounting & Finance 15 people – Human Resources – Corporate Head Office – Information Technology Jacksonville, FL 154 people – Engineering – Compliance & Safety – Industrial Development – Commercial & Real Estate – Customer Service – Mechanical – Car Leasing & – Purchasing Fleet Management – Training Genesee & Wyoming Canada inc. 6 Respected by Our Shareholders Consistent Long-Term Growth $2,200 ($ millions) ($ Initial Public Offering $3 ≈ Genesee & Wyoming Canada inc. 7 Overview • NYSE: Listed as GWR with ~$4.5B market capitalization • Railroads: 122 railroads with ~16,000 track miles (80% North America; 20% Australia/Europe) • People: ~8,000 • Customers: 3,000 • Equipment: 1,350 locomotives • Carloads: ~3.4 million annually Genesee & Wyoming Canada inc. 8 G&W Operating Income by Segment U.K./Europe ~5% Australia ~10% North America ~85% Genesee & Wyoming Canada inc. 9 North America Genesee & Wyoming Canada inc. 10 Revenue Diversity 2017 Total G&W Freight Revenue by Commodity Genesee & Wyoming Canada inc. 11 Extension of Class I Rail System: 2016: 1.6MM G&W Carloads Interchanged 82,000 383,000 152,000 270,000 50,000 290,000 370,000 Genesee & Wyoming Canada inc. 12 Significant Port Railroad Franchise G&W subsidiaries serve more than 40 major ports on three continents. Scope ranges from North American and Australian ports served by our railroads, to providing “last mile” rail services within Europe’s busiest container port; from municipal port authorities that choose to lease their railroads to the company under long-term contracts, to Freightliner’s complete “dock-to-door” service transporting maritime containers from major U.K. ports through to end delivery Ports served include: • Adelaide, South Australia • New London, Connecticut • Amsterdam, Netherlands • Olympia, Washington • Antwerp, Belgium • Panama City, Florida • Baton Rouge, Louisiana • Port Augusta, South Australia • Bremerhaven, Germany • Port Hawkesbury, Nova Scotia • Bremerton, Washington • Port Lincoln, South Australia • Brunswick, Georgia • Port Pirie, South Australia • Cannock, United Kingdom • Port Westward, Oregon • Cincinnati, Ohio • Portsmouth, Virginia • Corpus Christi, Texas • Port Lavaca-Point Comfort, Texas • Darwin, Australia • Providence, Rhode Island • Davisville, Rhode Island • Quebec, Quebec • Felixstowe, United Kingdom • Rostock, Germany • Fernandina, Florida • Rotterdam, Netherlands • Galveston, Texas • Savannah, Georgia (2) • Goderich, Ontario • Southampton, United Kingdom • Grays Harbor, Washington • St. Joe, Florida • Hamburg, Germany • Sydney, Nova Scotia • Hamilton, Ontario • Thevenard, South Australia • Hueneme, California • Tilbury, United Kingdom • London Gateway, United Kingdom • Trois-Rivieres, Quebec • Lubeck, Germany • Whyalla, South Australia • Mare Island, California • Wilhelmshaven, Germany • Mobile, Alabama • Wilmington, North Carolina • New Haven, Connecticut Genesee & Wyoming Canada inc. 13 G&W Railroads Industry-Leading Safety Performance 5 Injury Frequency Rate per 200,000 Hours 4 Short Lines 3 2 Class I 1 0 * G&W results include April 2015 acquisition of Freightliner Group Genesee & Wyoming Canada inc. 14 Leadership in Safety 2.5 9,000 Injury Frequency Rate 8,000 per 200,000 Hours 2.0 7,000 Employees 6,000 1.5 5,000 4,000 1.0 Injury Rate Injury Frequency 3,000 0.5 2,000 Employees RailAmerica Freightliner Pentalver 1,000 acquisition acquisition acquisition 0.0 0 Genesee & Wyoming Canada inc. 15 Accident Pyramid Attack the base! Genesee & Wyoming Canada inc. 16 G&W Commitment to Long-Term Infrastructure More than $1.5 billion gross capital investment in since 2010 Genesee & Wyoming Canada inc. 17 Progress Towards “Most Respected” Industry-Leading Customer Satisfaction 10 9 8.0 = Our Goal 8 7 Trucking Other Railroads 6 5 2007 2009 2011 2013 2015 2017 Genesee & Wyoming Canada inc. 18 Genesee & Wyoming Canada Inc. Genesee Wyoming Canada (GWCI) is a division of Genesee & Wyoming Inc. GWCI operates twelve rail lines: . Cape Breton & Central Nova Scotia Railway (CBNS) . Québec-Gatineau Railway (QGRY) . Chemin de fer St-Laurent & Atlantique (SLQ) . St. Lawrence & Atlantic Railroad (SLR) . Ottawa Valley Railway (OVR) . Huron Central Railway (HCRY) . Southern Ontario Railway (SOR) . Goderich-Exeter Railway (GEXR) . Western Labrador Rail Services . Chemin de fer Kérail . Knob Lake & Timmins Railway . Services Ferroviaires de l’Estuaire Genesee & Wyoming Canada inc. 19 Industry Safety Performance Injury Frequency Rate for 200 000 hours worked GWI, CN & CP Dec 2017; others Nov 2017 3.14 *200 000 worked hours = 100 employees for 1 year 2.46 1.91 1.83 1.67 1.29 1.21 1.16 1.08 0.83 0.79 0.60 FRA Group 2 FRA Group 3 KCS CN CP NS CSX Class I Avg BNSF G&W UP GWCI Consolidated Genesee & Wyoming Inc. 20 GWCI Carloads per Railroad 2017 HCRY CBNS 9% 7% GEXR 12% QGRY 27% RLK 6% RLHH 20% SLQ 12% SLR 7% Genesee & Wyoming Canada inc. 21 GWCI – Markets 210000 180000 150000 120000 Carloads 46,709 90000 43,312 39,626 35,063 35,038 36,881 60000 30000 0 2013 2014 2015 2016 2017 2018 Agricultural & Food Petroleum & Chemicals Forest Products Metals & Minerals Others Genesee & Wyoming Canada inc. 22 GWCI interchange with the two Canadian Class 1 RR GWCI Total Carloads 2016 GWCI Total Carloads 2017 CP CP 36% 25% LOCAL LOCAL 10% CN 9% CN 66% 54% Genesee & Wyoming Canada inc. 23 Genesee & Wyoming Canada Inc. now… . Open door to NAFTA Market 140,000+ carloads/yr. Fleet of 1685 cars to support customers business. More than 3,000 car spots of available storage capacity. Annual Capital investment of $20M to $30M in railway infrastructure. Financial/Operational partnership with customers. Operation partnership with the mining industry. Genesee & Wyoming Canada Inc. projects… . Intermodal terminal in Quebec City. Conversion of all GWCI RR to 286K. Continuous geographical expansion. Genesee & Wyoming Canada inc. 24 Genesee & Wyoming Inc. 25 .
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