North American Rail Traffic Fell 3.8% in Week Ended Feb. 8
February 12 2020 - 1:45PM
Dow Jones News
By Colin Kellaher
North American rail traffic fell 3.8% last week, as declines in
U.S. volumes more than offset improvements in Canada and Mexico,
data from the Association of American Railroads showed.
Carload volume for the week ended Feb. 8 on 12 reporting U.S.,
Canadian and Mexican railroads slipped 1.3%, while intermodal
traffic fell 6.3%, the trade group said Wednesday.
North American rail traffic was up 6.2% in the week ended Feb.
1. For the first six weeks of the year, North American traffic is
down 3.9%, the AAR reported.
The AAR said U.S. rail traffic fell 6.6% last week, as a 14.1%
drop in coal, the largest of the 10 commodity groups tracked, led
to a 4.2% decline in carloads. The volume of intermodal containers
and trailers fell 8.8% for the week.
U.S. rail traffic is down 5.8% for the first six weeks of the
year.
Canadian rail traffic rose 3.5% last week, paced by a 6.6% rise
in carloads. Intermodal units edged up 0.1%. Canadian rail traffic
is down 0.7% for the first six weeks of the year.
Mexican rail traffic rose 9.9% for the week on the heels of two
weeks of growth exceeding 30%. Intermodal units jumped 13.8% for
the week, while and carloads rose 6.7%.
Mexican rail traffic is up 12% for the first six weeks of the
year.
Write to Colin Kellaher at colin.kellaher@wsj.com
(END) Dow Jones Newswires
February 12, 2020 13:30 ET (18:30 GMT)
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