North American Rail Traffic Rose 24.8% in Week Ended April 24
April 28 2021 - 1:04PM
Dow Jones News
By Colin Kellaher
North American rail traffic rose 24.8% last week, marking a
third straight week of gains topping 20% amid inflated comparisons
due to last year's steep drops sparked by the coronavirus pandemic,
data from the Association of American Railroads showed.
Carload volume rose 22.2% for the week ended April 24 on 12
reporting U.S., Canadian and Mexican railroads, while intermodal
traffic jumped 27.2%, the trade group said Wednesday.
In the week ended April 17, North American rail traffic rose
28%. For the first 16 weeks of the year, North American rail
traffic is up 8.4%.
In the week ended April 25, 2020, North American rail traffic
slid 20.2%, as fallout from the pandemic weighed on demand.
The AAR said U.S. rail traffic rose 30% last week amid a 34.3%
surge in the volume of intermodal containers and trailers surging
and a 25% jump in carloads. U.S. rail traffic is up 9.4% for the
first 16 weeks of the year.
Canadian rail traffic rose 5.5% last week, with carloads up 8.6%
and intermodal units rising 2.3%. Canadian rail traffic is up 7.1%
for the first 16 weeks of the year.
Mexican rail traffic soared 47% last week, as carloads surged
52.7% and intermodal units rose 40.5%. Mexican rail traffic, which
had been down for most of the year, is now up 0.6% for the year to
date, the AAR said.
Write to Colin Kellaher at colin.kellaher@wsj.com
(END) Dow Jones Newswires
April 28, 2021 12:49 ET (16:49 GMT)
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