North American Rail Traffic Fell 8.7% in Week Ended Dec. 21
December 30 2019 - 11:31AM
Dow Jones News
By Colin Kellaher
North American rail traffic fell 8.7% in the week ended Dec. 21
amid a double-digit drop in U.S. volume, data from the Association
of American Railroads showed.
Carload volume on 12 reporting U.S., Canadian and Mexican
railroads slid 9.2%, while intermodal traffic fell 8.2%, the trade
group said.
North American rail traffic was down 7.4% in the week ended Dec.
14. For the first 51 weeks of the year, North American volume is
now down 3.9%, compared with a year-to-date drop of 3.8% reported a
week earlier.
U.S. rail traffic tumbled 10.5% in week ended Dec. 21 following
an 8.5% drop a week earlier, the AAR said. U.S. carloads fell
11.5%, as shipments of coal, the largest of the 10 commodity groups
tracked, dropped 23%. The volume of U.S. intermodal containers and
trailers fell 9.5% for the week.
U.S. rail traffic is now down 4.9% for the year to date,
compared with a year-to-date drop of 4.8% reported a week earlier,
the trade group said.
Canadian rail traffic fell 3.7% during the week, as carloads
slipped 2.6% and intermodal units fell 5.2%, the AAR said.
Mexican rail traffic fell 3.1% for the week, as a 7.2% drop in
carloads more than offset a 1.7% rise in intermodal units.
Write to Colin Kellaher at colin.kellaher@wsj.com
(END) Dow Jones Newswires
December 30, 2019 11:16 ET (16:16 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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