Exhibit 99.1

Genesee & Wyoming Reports Results for the Third Quarter of 2013

DARIEN, Conn.--(BUSINESS WIRE)--November 1, 2013--Genesee & Wyoming Inc. (G&W) (NYSE:GWR)

Third Quarter Highlights

• Reported diluted earnings per common share (EPS) of $1.16; adjusted diluted EPS of $1.19, a 65.3% increase in adjusted diluted EPS and a 48.6% increase in adjusted diluted EPS normalizing for the impact of the 2013 short line tax credit. (1)
• Total operating revenues increased 80.2% to $401.4 million.
• Combined Company adjusted operating revenues, excluding revenues from fuel sales to third parties and the net impact from foreign currency depreciation, increased 10.7%. (2)
  • To provide comparative context for 2013 consolidated revenues and traffic volumes, G&W is providing “Combined Company” comparisons as though the RailAmerica railroads were owned by G&W during 2012. In doing so, G&W has reclassified RailAmerica's 2012 information to conform with G&W's presentation.
• Adjusted income from operations increased 89.2% to $105.2 million; Reported income from operations increased 92.4% to $101.7 million. (3)
• Adjusted operating ratio improved 120 basis points to 73.8% (excluding the depreciation and amortization expense adjustment related to the six months ended June 30, 2013 resulting from the finalization of G&W's allocation of fair values to RailAmerica's assets and liabilities, RailAmerica integration costs, expense related to the 2011 Edith River derailment, gain on insurance recoveries associated with the Edith River derailment and net gain on the sale of assets); Reported operating ratio increased 160 basis points to 74.7% (75.9% North American & European Operations; 70.0% Australian Operations). (3)

Jack Hellmann, President and CEO of G&W commented, "The third quarter of 2013 was the third reporting period in which G&W’s consolidated results included the former RailAmerica railroads. The combined business continued to perform well with Combined Company adjusted operating revenues up 11%, corporate overhead cost synergies now fully achieved, and G&W's adjusted diluted earnings per share up 49% in the third quarter.”

“During the third quarter, we began hiring and training new crews at several of the former RailAmerica railroads to support our traffic growth, which was up 6.8% in the third quarter on a Combined Company basis. We also elected to incur one-time expenses to upgrade facilities, equipment and track at many of these same railroads to meet G&W safety and operating standards. As a result of these costs, and the finalization of our purchase accounting for RailAmerica, our adjusted operating ratio of 73.8% was around 1.3 percentage points higher than our third quarter target. Meanwhile, in Australia, our operations continued to perform well with a third quarter operating ratio of 70.0%, in line with expectations.”

“As we enter the fourth quarter, our business remains strong and we are actively working on new business development opportunities in both North America and Australia. In addition, the acquisition market is active in multiple geographies and we will continue to pursue the right opportunities at the appropriate valuations.”

Financial Results

G&W reported net income in the third quarter of 2013 of $66.2 million, compared with a net loss of $19.6 million in the third quarter of 2012. Excluding the net impact of certain significant items discussed below, G&W's adjusted net income in the third quarter of 2013 was $68.4 million, compared with adjusted net income of $32.0 million in the third quarter of 2012. (1)

G&W's reported diluted EPS in the third quarter of 2013 were $1.16 with 56.7 million weighted average shares outstanding, compared with diluted loss per common share in the third quarter of 2012 of $0.47 with 41.7 million weighted average shares outstanding. Excluding the net impact of significant items discussed below, G&W's adjusted diluted EPS in the third quarter of 2013 were $1.19 with 56.7 million weighted average shares outstanding, compared with adjusted diluted EPS in the third quarter of 2012 of $0.72 with 44.2 million weighted average shares outstanding. (1)

G&W's effective tax rate was 25.1% in the third quarter of 2013. The lower tax rate in the third quarter of 2013 was driven primarily by the extension of the Short Line Tax Credit on January 2, 2013, which had previously expired on December 31, 2011.

In the third quarter of 2013 and 2012, G&W's results included certain significant items that are set forth in the following table ($ in millions, except per share amounts).

Explanation of Significant Items

In the third quarter of 2013, G&W finalized its allocation of fair values to RailAmerica's assets and liabilities, which resulted in additional annualized depreciation and amortization expense of approximately $4.0 million, of which $3.0 million was recorded in the third quarter of 2013. Of the $3.0 million recorded in the third quarter of 2013, $2.0 million does not relate to the current period, and, accordingly, it has been included as an adjustment to our third quarter results. G&W's third quarter 2013 results also included RailAmerica integration costs of $2.0 million, primarily associated with employee severance arrangements, $1.6 million expense associated with the 2011 Edith River derailment, partially offset by a $1.5 million insurance recovery related to the Edith River derailment and net gain on sale of assets of $0.7 million. In the third quarter of 2012, G&W recorded a one-time non-cash $50.1 million mark-to-market loss and corresponding liability on the forward sale contract with Carlyle Partners V, L.P. (together with its affiliates, Carlyle), RailAmerica acquisition-related costs of $5.2 million and other business/corporate development costs of $0.6 million, partially offset by net gain on sale of assets of $3.0 million.

Results from Continuing Operations

In the third quarter of 2013, G&W's total operating revenues increased $178.6 million, or 80.2%, to $401.4 million, compared with $222.7 million in the third quarter of 2012. The increase included $160.5 million in revenues from new operations, partially offset by an $8.8 million decrease from the net depreciation of foreign currencies relative to the U.S. dollar. Excluding the net impact from foreign currency depreciation, G&W's same railroad operating revenues, which exclude former RailAmerica railroads, increased $27.0 million, or 12.1%.

G&W's same railroad freight revenues in the third quarter of 2013 were $179.0 million, compared with $160.6 million in the third quarter of 2012. Excluding $6.7 million from the impact of foreign currency depreciation, G&W's same railroad freight revenues increased by $25.1 million, or 15.6%.

G&W's same railroad non-freight revenues in the third quarter of 2013 were $61.9 million, compared with $62.1 million in the third quarter of 2012. Excluding a $2.1 million decrease from the net impact of foreign currency depreciation, G&W's same railroad non-freight revenues increased by $1.8 million, or 3.0%, primarily due to increased switching revenues, partially offset by a $1.3 million decrease in third-party fuel sales. G&W sold its third-party fuel operation in South Australia in the third quarter of 2012.

In the third quarter of 2013, Combined Company adjusted operating revenues increased $38.9 million, or 10.7%, to $401.4 million. This increase excludes a $9.5 million decrease from the net depreciation of foreign currencies relative to the U.S. dollar and a $1.3 million decrease in third-party fuel sales. Excluding $7.1 million from the impact of foreign currency depreciation, the Combined Company adjusted freight revenues increased by $34.5 million, or 13.1%, to $298.9 million in the third quarter of 2013. Excluding a $2.4 million decrease from the net impact of foreign currency depreciation and a $1.3 million decrease in third-party fuel sales primarily due to the sale of our third-party fuel operation, Combined Company adjusted non-freight revenues increased by $4.4 million, or 4.5%, to $102.5 million in the third quarter of 2013. (2)

G&W's traffic in the third quarter of 2013 was 482,823 carloads. On a Combined Company basis, traffic increased 30,630 carloads, or 6.8%, compared with traffic in the third quarter of 2012. The traffic increase was principally due to increases of 5,944 carloads of metals traffic (primarily in the Southern and Northeast regions), 5,303 carloads of metallic ores traffic (primarily in the Australian Region), 4,825 carloads of petroleum products traffic (primarily the Pacific and Southern regions), 3,645 carloads of agricultural products traffic (primarily in the Australian Region) and 3,237 carloads of other traffic (primarily in the Central Region), partially offset by a decrease of 3,947 carloads of coal and coke traffic (primarily in the Mountain West Region). All remaining traffic increased by a net 11,623 carloads.

G&W's income from operations in the third quarter of 2013 was $101.7 million, compared with $52.9 million in the third quarter of 2012. G&W's operating ratio in the third quarter of 2013 was 74.7%, compared with an operating ratio of 76.3% in the third quarter of 2012. Income from operations in the third quarter of 2013 included $2.0 million of depreciation and amortization expense not related to the current period resulting from the finalization of G&W's allocation of fair values to RailAmerica's assets and liabilities, $2.0 million of RailAmerica integration costs and $1.6 million of expense associated with the 2011 Edith River derailment, partially offset by a $1.5 million insurance recovery related to the Edith River derailment and a $0.7 million net gain on the sale of assets. In the third quarter of 2012, income from operations included $5.2 million of RailAmerica acquisition-related costs and $0.6 million of other business/corporate development costs partially offset by a $3.0 million gain on the sale of assets. Excluding these items, G&W's adjusted income from operations increased $49.6 million, or 89.2%, to $105.2 million. G&W's adjusted operating ratio improved 120 basis points to 73.8% in the third quarter of 2013, compared with 75.0% in the third quarter of 2012. (3)

Free Cash Flow from Continuing Operations (4)

G&W's free cash flow from continuing operations for the nine months ended September 30, 2013 and 2012 was $147.4 million and $38.0 million, respectively. (4)

Conference Call and Webcast Details

As previously announced, G&W's conference call to discuss financial results for the third quarter will be held on Friday, November 1, 2013, at 11:00 am EDT. The dial-in number for the teleconference in the U.S. is (877) 209-9922; outside the U.S. is (612) 332-1210, or the call may be accessed live over the Internet (listen only) at www.gwrr.com/investors, by selecting "Third Quarter Earnings Conference Call Webcast." Management will be referring to a slide presentation that will also be available at gwrr.com/investors at approximately 10:00 am EDT on November 1, 2013. The webcast will be archived at www.gwrr.com/investors, until the following quarter's earnings press release. Telephone replay is available for 30 days beginning at 1:00 p.m. EDT on November 1 by dialing (800) 475-6701 (or outside the U.S., dial 320-365-3844). The access code is 277584.

About G&W

G&W owns and operates short line and regional freight railroads in the United States, Australia, Canada, the Netherlands and Belgium. In addition, G&W operates the 1,400-mile Tarcoola to Darwin rail line, which links the Port of Darwin with the Australian interstate rail network in South Australia. Operations currently include 111 railroads organized in 11 regions, with nearly 15,000 miles of owned and leased track, 4,600 employees and over 2,000 customers. We provide rail service at 35 ports in North America, Australia and Europe and perform contract coal loading and railcar switching for industrial customers.

Cautionary Statement Concerning Forward-Looking Statements

This press release contains forward-looking statements regarding future events and the future performance of Genesee & Wyoming Inc. that are based on current expectations, estimates and projections about our industry, management's beliefs, and assumptions made by management. Words such as "anticipates," "intends," "plans," "believes," "could," "should," "seeks," "expects," "estimates," "trends," "outlook," variations of these words and similar expressions are intended to identify these forward-looking statements. These statements are not guarantees of future performance and are subject to certain risks, uncertainties and assumptions that are difficult to forecast, including the following: risks related to the operation of our railroads; integration of acquisitions; economic, political and industry conditions (including employee strikes or work stoppages); customer demand and changes in our operations, retention and contract continuation; legislative and regulatory developments, including changes in environmental and other laws and regulations to which we are subject; increased competition in relevant markets; funding needs and financing sources, including our ability to obtain government funding for capital projects; international complexities of operations, currency fluctuations, finance, tax and decentralized management; challenges of managing rapid growth including retention and development of senior leadership; unpredictability of fuel costs; susceptibility to various legal claims and lawsuits; increase in, or volatility associated with, expenses related to estimated claims, self-insured retention amounts, and insurance coverage limits; consummation of new business opportunities; exposure to the credit risk of customers and counterparties; severe weather conditions and other natural occurrences, which could result in shutdowns, derailments or other substantial disruption of operations; susceptibility to the risks of doing business in foreign countries; our success integrating RailAmerica railroads into our operations and our ability to realize the expected synergies associated with the acquisition of RailAmerica; and others including, but not limited to, those noted in our 2012 Annual Report on Form 10-K and our Quarterly Reports on Form 10-Q under “Risk Factors.” Therefore, actual results may differ materially from those expressed or forecasted in any such forward-looking statements. Forward-looking statements speak only as of the date of this press release or as of the date they were made. G&W does not undertake, and expressly disclaims, any duty to publicly update any forward-looking statement, whether as a result of new information, future events, or otherwise, except as required by law.

1. Adjusted net income and adjusted diluted earnings per common share are non-GAAP financial measures and are not intended to replace the net income/(loss) and diluted earnings/(loss) per common share calculated on a basis consistent with GAAP. The information required by Item 10(e) of Regulation S-K under the Securities Act of 1933 and the Securities Exchange Act of 1934 and Regulation G under the Securities Exchange Act of 1934, including a reconciliation to net income/(loss) and diluted earnings/(loss) per common share calculated using amounts determined in accordance with GAAP, is included in the tables attached to this press release.

2. To provide comparative context for 2013 consolidated operating revenues and traffic volumes, G&W is providing “Combined Company” comparisons for those items as though the RailAmerica railroads were owned by G&W during 2012. In doing so, G&W has amended RailAmerica's 2012 information to conform with G&W's reporting methodology. Combined Company operating revenues include both RailAmerica and G&W operating revenues for the third quarter of 2012. Combined Company adjusted operating revenues exclude revenues from fuel sales to third parties and the net impact from foreign currency depreciation. The Combined Company adjusted operating revenues described above is a non-GAAP financial measure and is not intended to replace operating revenues, its most directly comparable GAAP measure. The information required by Item 10(e) of Regulation S-K under the Securities Act of 1933 and the Securities Exchange Act of 1934 and Regulation G under the Securities Exchange Act of 1934, including a reconciliation to operating revenues calculated using amounts determined in accordance with GAAP, is included in the tables attached to this press release.

3. Adjusted income from operations and adjusted operating ratios are non-GAAP financial measures and are not intended to replace income from operations and operating ratios calculated using total operating expenses and total revenues, calculated on a basis consistent with GAAP. The information required by Item 10(e) of Regulation S-K under the Securities Act of 1933 and the Securities Exchange Act of 1934 and Regulation G under the Securities Exchange Act of 1934, including a reconciliation to income from operations and operating ratios calculated using amounts determined in accordance with GAAP, is included in the tables attached to this press release.

4. Free cash flow is a non-GAAP financial measure and is not intended to replace net cash provided by operating activities, its most directly comparable GAAP measure. The information required by Item 10(e) of Regulation S-K under the Securities Act of 1933 and the Securities Exchange Act of 1934 and Regulation G under the Securities Exchange Act of 1934, including a reconciliation to net cash provided by operating activities, is included in the tables attached to this press release.

Reconciliation of non-GAAP Financial Measures

This earnings release contains references to Adjusted Net Income, Adjusted Diluted Earnings Per Common Share, Combined Company Adjusted Operating Revenues, Adjusted Income from Operations, Adjusted Operating Ratios and Free Cash Flow, which are "non-GAAP financial measures" as this term is defined in Regulation G of the Securities Exchange Act of 1934. In accordance with Item 10(e) of the Regulation S-K under the Securities Act of 1933 and the Securities Exchange Act of 1934 and Regulation G, G&W has reconciled these non-GAAP financial measures to their most directly comparable U.S. GAAP measures.

Adjusted Net Income and Adjusted Diluted Earnings Per Common Share

Management views Net Income/(Loss) and Diluted Earnings/(Loss) Per Common Share as important measures of G&W's operating performance. Because management believes this information is useful for investors in assessing G&W's financial results, the Net Income and Diluted Earnings Per Common Share for the three months ended September 30, 2013 used to calculate Adjusted Net Income and Adjusted Diluted Earnings Per Common Share are presented excluding the adjustment to depreciation and amortization expense related to the six months ended June 30, 2013 for the final allocation of fair values to RailAmerica's assets and liabilities, RailAmerica integration costs, expense associated with the 2011 Edith River derailment, an insurance recovery related to the Edith River derailment and net gain on sale of assets and are further adjusted to exclude the third quarter of 2013 short line tax credit. The Net Loss and Diluted Loss Per Common Share for the three months ended September 30, 2012 used to calculate Adjusted Net Income and Adjusted Diluted Earnings Per Common Share, are presented excluding the contingent forward sale contract mark-to-market expense, RailAmerica acquisition-related costs, other business/corporate development costs and net gain on sale of assets. The Adjusted Net Income and Adjusted Diluted Earnings Per Common Share excluding these effects are not intended to represent, and should not be considered more meaningful than, or as an alternative to, the Net Income/(Loss) and Diluted Earnings/(Loss) Per Common Share calculated using amounts in accordance with GAAP. Adjusted Net Income and Adjusted Diluted Earnings Per Common Share amounts may be different from similarly-titled non-GAAP financial measures used by other companies.

The following tables set forth reconciliations of Net Income/(Loss) and Diluted Earnings/(Loss) Per Common Share calculated using amounts determined in accordance with GAAP to the Adjusted Net Income and Adjusted Diluted Earnings Per Common Share described above (in millions, except per share amounts):

(a) There is no effect of Class B shares outstanding or unvested equity awards in the calculation of diluted loss per common share. Amount represents effect of Class B shares outstanding and unvested equity awards in the calculation of diluted earnings per common share.

Combined Company Adjusted Operating Revenues

Management views Operating Revenues as an important financial measure of G&W's operating performance. Because management believes this information is useful for investors in assessing G&W's financial results, compared with the same period in the prior year, the Combined Company Operating Revenues are presented excluding revenues from fuel sales to third parties and the impact from the net depreciation of the Australia and Canadian dollars and the Euro relative to the United States dollar. The Combined Company Adjusted Operating Revenues excluding these effects are not intended to represent, and should not be considered more meaningful than, or as an alternative to, Operating Revenues calculated using amounts in accordance with GAAP. Combined Company Adjusted Operating Revenues may be different from similarly-titled non-GAAP financial measures used by other companies.

The following tables set forth a reconciliation of Operating Revenues to the Combined Company Adjusted Operating Revenues described above ($ in millions):

(a) Includes the elimination of non-freight revenues earned during the three months ended September 30, 2012 by a subsidiary of RailAmerica for work performed for subsidiaries of G&W and reclassifications of certain revenues of RailAmerica to align with G&W's accounting policies.

The following table sets forth a reconciliation of Operating Revenues to the Combined Company Adjusted Operating Freight Revenues described above ($ in millions):

The following table sets forth a reconciliation of Operating Revenues to the Combined Company Adjusted Operating Non-Freight Revenues described above ($ in millions):

Adjusted Income from Operations and Adjusted Operating Ratios

Management views Income from Operations, calculated as Operating Revenues less Operating Expenses, and Operating Ratios, calculated as Operating Expenses divided by Operating Revenues, as important measures of G&W's operating performance. Because management believes this information is useful for investors in assessing G&W's financial results compared with the same period in the prior year, the Income from Operations and Operating Ratios for the three months ended September 30, 2013, used to calculate Adjusted Income from Operations and Adjusted Operating Ratios, are presented excluding the adjustment to depreciation and amortization expense related to the six months ended June 30, 2013 for the final allocation of fair values to RailAmerica's assets and liabilities, RailAmerica integration costs, expense associated with the 2011 Edith River derailment, an insurance recovery related to the Edith River derailment and net gain on sale of assets. The Income from Operations and Operating Ratios for the three months ended September 30, 2012, used to calculate Adjusted Income from Operations and Adjusted Operating Ratios, are presented excluding RailAmerica acquisition-related costs, other business/corporate development costs and net gain on sale of assets. The Adjusted Income from Operations and Adjusted Operating Ratios presented excluding these effects are not intended to represent, and should not be considered more meaningful than, or as an alternative to, the Income from Operations and Operating Ratios calculated using amounts in accordance with GAAP. Adjusted Income from Operations and Operating Ratios may be different from similarly-titled non-GAAP financial measures used by other companies.

The following table sets forth a reconciliation of Income from Operations and Operating Ratios by segment calculated using amounts determined in accordance with GAAP to the Adjusted Income from Operations and Adjusted Operating Ratios by segment described above ($ in millions):

Free Cash Flow

Management views Free Cash Flow as an important financial measure of how well G&W is managing its assets. Subject to the limitations discussed below, Free Cash Flow is a useful indicator of cash flow that may be available for discretionary use by G&W. Free Cash Flow is defined as Net Cash Provided by Operating Activities from Continuing Operations less Net Cash Used in Investing Activities from Continuing Operations, excluding net cash used for acquisitions. Key limitations of the Free Cash Flow measure include the assumptions that G&W will be able to refinance its existing debt when it matures and meet other cash flow obligations from financing activities, such as principal payments on debt. Free Cash Flow is not intended to represent, and should not be considered more meaningful than, or as an alternative to, measures of cash flow determined in accordance with GAAP. Free Cash Flow may be different from similarly-titled non-GAAP financial measures used by other companies.

The following table sets forth a reconciliation of Net Cash Provided by Operating Activities from Continuing Operations to Free Cash Flow ($ in millions):

CONTACT:
Genesee & Wyoming Inc.
G&W Corporate Communications
Michael Williams, 1-203-202-8900
mwilliams@gwrr.com