RRA Railamerica

RailAmerica, Inc. (NYSE:RRA) today reported its freight carloads for the month ended May 31, 2006. Total carloads for May 2006 were 103,464, down 5.6% from 109,648 in May 2005. The sale of the San Luis and Rio Grande Railroad and the three Alberta properties net of the impact of the acquisition of the Alcoa railroads and the Fremont line in Michigan accounted for a decrease of 1,339 of the carloads. On a "same railroad" basis, May 2006 carloads decreased 4.6% to 100,060 from 104,905 in May 2005. Ten out of fourteen commodity groups had decreased shipments in May 2006. The 4,845 carload decrease was derived primarily from lower shipments of Petroleum Products, Metals, Paper Products and Bridge Traffic. The Company's Southern Ontario Railway had a 2,233 carload decline in the month of May. The majority of this decline was caused by a Native Indian blockade in Caledonia, Ontario, which is preventing traffic from moving southward on the Hagersville Subdivision. This primarily impacted shipments of Petroleum Products and Metals. Shipments of Paper Products continue to be negatively impacted by a work stoppage at a shipper's facility in Nova Scotia. For the five months ended May 31, 2006, total carloads decreased 2.8% to 536,108 from 551,519 in 2005. On a "same railroad" basis for the same period, carloads were 517,927 down 1.9% from 527,940 in 2005. "Same railroad" totals exclude carloads associated with railroads, or portions of railroads, sold or acquired by the Company after January 1, 2005. Historically, the Company has found that carload information may be indicative of freight revenue on its railroads, but may not be indicative of total revenue, operating expenses, operating income or net income. Attached is a comparison of carloads by commodity group for the periods ended May 31, 2006 and 2005. RailAmerica, Inc. (NYSE:RRA) is a leading short line and regional rail service provider with 42 railroads operating approximately 7,800 track miles in the United States and Canada. The Company is a member of the Russell 2000(R) Index. Its website may be found at http://www.railamerica.com. -0- *T RailAmerica, Inc. Carload Comparisons by Commodity Group Month/Year-to-Date Ended May 31, 2006 and 2005 Consolidated Carloads MAY YEAR-TO-DATE ---------------------------------------------------------------------- Commodity Group 2006 2005 % Chg 2006 2005 % Chg ---------------------------------------------------------------------- Bridge Traffic 14,221 15,891 -10.5% 91,805 90,464 1.5% ---------------------------------------------------------------------- Coal 12,693 12,067 5.2% 66,012 62,992 4.8% ---------------------------------------------------------------------- Lumber & Forest Products 11,084 12,237 -9.4% 53,895 57,301 -5.9% ---------------------------------------------------------------------- Agricultural & Farm Products 9,330 9,720 -4.0% 46,952 50,142 -6.4% ---------------------------------------------------------------------- Chemicals 9,293 9,973 -6.8% 47,270 50,588 -6.6% ---------------------------------------------------------------------- Metallic/Non-metallic Ores 8,306 6,024 37.9% 36,838 26,710 37.9% ---------------------------------------------------------------------- Metals 7,804 8,805 -11.4% 38,125 41,780 -8.7% ---------------------------------------------------------------------- Paper Products 6,970 8,941 -22.0% 33,728 44,447 -24.1% ---------------------------------------------------------------------- Food Products 6,938 7,163 -3.1% 36,262 37,228 -2.6% ---------------------------------------------------------------------- Minerals 5,076 5,213 -2.6% 25,003 23,864 4.8% ---------------------------------------------------------------------- Other 3,490 3,678 -5.1% 18,105 15,797 14.6% ---------------------------------------------------------------------- Petroleum Products 3,400 4,970 -31.6% 19,102 24,753 -22.8% ---------------------------------------------------------------------- Intermodal 2,926 2,873 1.8% 13,637 14,669 -7.0% ---------------------------------------------------------------------- Autos 1,933 2,093 -7.6% 9,374 10,784 -13.1% ---------------------------------------------------------------------- TOTAL 103,464 109,648 -5.6% 536,108 551,519 -2.8% ---------------------------------------------------------------------- *T -0- *T "Same Railroad" Carloads MAY YEAR-TO-DATE ---------------------------------------------------------------------- Commodity Group 2006 2005 % Chg 2006 2005 % Chg ---------------------------------------------------------------------- Bridge Traffic 14,221 15,890 -10.5% 91,805 90,459 1.5% ---------------------------------------------------------------------- Coal 12,693 12,067 5.2% 66,012 62,992 4.8% ---------------------------------------------------------------------- Lumber & Forest Products 11,084 11,187 -0.9% 53,358 52,640 1.4% ---------------------------------------------------------------------- Agricultural & Farm Products 9,330 9,113 2.4% 46,586 46,670 -0.2% ---------------------------------------------------------------------- Chemicals 9,109 9,484 -4.0% 46,266 48,787 -5.2% ---------------------------------------------------------------------- Metals 7,629 8,702 -12.3% 37,205 41,476 -10.3% ---------------------------------------------------------------------- Food Products 6,916 7,155 -3.3% 35,897 37,041 -3.1% ---------------------------------------------------------------------- Paper Products 6,820 7,611 -10.4% 32,173 37,640 -14.5% ---------------------------------------------------------------------- Metallic/Non-metallic Ores 5,814 5,522 5.3% 25,387 24,588 3.2% ---------------------------------------------------------------------- Minerals 4,980 5,191 -4.1% 24,593 23,803 3.3% ---------------------------------------------------------------------- Other 3,485 3,633 -4.1% 17,997 15,617 15.2% ---------------------------------------------------------------------- Petroleum Products 3,205 4,384 -26.9% 17,963 20,774 -13.5% ---------------------------------------------------------------------- Intermodal 2,926 2,873 1.8% 13,637 14,669 -7.0% ---------------------------------------------------------------------- Autos 1,848 2,093 -11.7% 9,048 10,784 -16.1% ---------------------------------------------------------------------- TOTAL 100,060 104,905 -4.6% 517,927 527,940 -1.9% ---------------------------------------------------------------------- *T