North American Rail Traffic Fell 7.6% in Week Ended Dec. 7
December 12 2019 - 1:05PM
Dow Jones News
By Colin Kellaher
North American rail traffic fell 7.6% last week, data from the
Association of American Railroads showed.
Carload volume for the week ended Dec. 7 on 12 reporting U.S.,
Canadian and Mexican railroads fell 4.6%, while intermodal traffic
tumbled 10.4%, the trade group said.
North American rail traffic was down 20% in the week ended Nov.
30. For the first 49 weeks of the year, North American volume is
now down 3.7%, compared with a year-to-date drop of 3.6% reported a
week earlier.
The AAR said U.S. rail traffic fell 9.4% last week following a
holiday-related drop of 23% a week earlier. U.S. carloads fell 7.2%
amid an 18.5% drop in shipments of coal, the largest of the 10
commodity groups tracked. The volume of U.S. intermodal containers
and trailers slid 11.3% for the week.
U.S. rail traffic is now down 4.8% for the year to date, the AAR
said, compared with a year-to-date decline of 4.7% reported a week
earlier.
The AAR said Canadian rail traffic fell 1.4% last week, as an 8%
decline in intermodal units more than offset a 4.4% rise in
carloads.
Mexican rail traffic fell 6% last week amid a 7% drop in
carloads and a 4.9% decline in intermodal units.
Write to Colin Kellaher at colin.kellaher@wsj.com
(END) Dow Jones Newswires
December 12, 2019 12:50 ET (17:50 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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