North American Rail Traffic Fell 8.8% in Week Ended Jan. 18
January 22 2020 - 1:05PM
Dow Jones News
By Colin Kellaher
North American rail traffic fell 8.8% in the week ended Jan. 18
amid steep drops in Canadian volume, data from the Association of
American Railroads showed.
Carload volume for the week on 12 reporting U.S., Canadian and
Mexican railroads slid 9.6%, while intermodal traffic fell 8.1%,
the trade group said Wednesday.
North American rail traffic was down 8.1% in the week ended Jan.
11. For the first three weeks of the year, North American volume is
down 7.2%, the AAR reported.
The AAR said U.S. rail traffic fell 8% last week, as carloads
slid 8.4% amid a 20% drop in coal, the largest of the 10 commodity
groups tracked. The volume of intermodal containers and trailers
fell 7.7%.
U.S. rail traffic is down 7.8% for the first three weeks of the
year.
Canadian rail traffic tumbled 16% last week, with carloads
plunging 18.3% and intermodal units falling 13.3%, the AAR data
showed. Canadian rail traffic is down 7.2% for the first three
weeks of the year.
In a bright spot, Mexican rail traffic surged 10.3% for the
week, paced by a 12.7% increase in carloads and a 7.7% rise in
intermodal units. Mexican rail traffic is up 0.4% for the first
three weeks of the year.
Write to Colin Kellaher at colin.kellaher@wsj.com
(END) Dow Jones Newswires
January 22, 2020 12:50 ET (17:50 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
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