North American Rail Traffic Fell 6.9% in Week Ended Feb. 15
February 19 2020 - 2:03PM
Dow Jones News
By Colin Kellaher
North American rail traffic fell 6.9% last week, data from the
Association of American Railroads showed.
Carload volume for the week ended Feb. 15 on a dozen reporting
U.S., Canadian and Mexican railroads fell 5.9%, while intermodal
traffic slid 7.9% on a year ago, the trade group said
Wednesday.
North American rail traffic was down 3.8% in the week ended Feb.
8.
For the first seven weeks of the year, North American traffic
declined 4.3%, the AAR reported.
The AAR said U.S. rail traffic fell 8.6% last week, as a 21.4%
plunge in coal, the largest of the 10 commodity groups tracked,
stoked a 9.1% decline in carloads. The volume of intermodal
containers and trailers fell 8% for the week.
U.S. rail traffic is down 6.2% for the first seven weeks of the
year.
Canadian rail traffic fell 3.8% last week, as a 12.1% drop in
intermodal units more than offset a 3.2% rise in carloads. Canadian
rail traffic is off 1.1% for the first seven weeks of the year.
Mexican rail traffic rose 4.9% for the week, with intermodal
units up 9.2% and carloads rising 1.3%. Mexican rail traffic is up
10.9% for the first seven weeks of the year.
Write to Colin Kellaher at colin.kellaher@wsj.com
(END) Dow Jones Newswires
February 19, 2020 13:48 ET (18:48 GMT)
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