North American Rail Traffic Fell 8.1% in Week Ended Jan. 11

Date : 01/15/2020 @ 5:53PM
Source : Dow Jones News
Stock : Union Pacific Corp (UNP)
Quote : 159.62  -6.13 (-3.70%) @ 12:55AM
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North American Rail Traffic Fell 8.1% in Week Ended Jan. 11

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2 Months : From Dec 2019 to Feb 2020

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By Colin Kellaher

 

North American rail traffic fell 8.1% in the week ended Jan. 11, extending a slow start to the year, data from the Association of American Railroads showed.

Carload volume for the week on 12 reporting U.S., Canadian and Mexican railroads slid 8.5%, while intermodal traffic fell 7.7%, the trade group said.

North American rail traffic was down 4.4% in the week ended Jan. 4. For the two weeks ended Jan. 11, North American volume is down 6.4%, the AAR reported.

The AAR said U.S. rail traffic fell 9.6% last week, as carloads tumbled 10.1% and the volume of intermodal containers and trailers fell 9.1%. U.S. rail traffic is down 7.6% for the first two weeks of the year.

Canadian rail traffic fell 5.2% last week, with carloads down 6.3% and intermodal units off 3.9%, the AAR data showed.

Mexican rail traffic rose 1.9% for the week, as a 3.8% increase in carloads more than offset a 0.2% decline in intermodal units.

 

Write to Colin Kellaher at colin.kellaher@wsj.com

 

(END) Dow Jones Newswires

January 15, 2020 12:38 ET (17:38 GMT)

Copyright (c) 2020 Dow Jones & Company, Inc.

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