North American Rail Traffic Fell 7.5% in Week Ended July 18
July 22 2020 - 1:36PM
Dow Jones News
By Colin Kellaher
North American rail traffic fell 7.5% last week, a marked
improvement from a week earlier amid smaller declines in the U.S.
and Canada and a positive showing in Mexico, data from the
Association of American Railroads showed.
Carload volume fell 13.1% for the week ended July 18 on 12
reporting U.S., Canadian and Mexican railroads, while intermodal
traffic slipped 1.8%, the trade group said Wednesday.
In the week ended July 11, North American rail traffic fell
14.2%. For the first 29 weeks of the year, North American traffic
is now down 11.7%, compared with a year-to-date decline of 11.8%
reported a week earlier.
The AAR said U.S. rail traffic fell 8.8% last week, as carloads
slid 15.7% and the volume of intermodal containers and trailers
fell 1.7%. U.S. rail traffic is now down 12.8% for the year to
date, the AAR said, compared with a decline of 12.9% reported a
week ago.
Canadian rail traffic fell 9.4% last week amid a 13.1% drop in
carloads and a 5.1% decline in intermodal units. Canadian rail
traffic is down 8.5% for the first 29 weeks of the year.
Mexican rail traffic was up 13.7% for the week, as carloads
jumped 16.7% and intermodal units rose 10%. Mexican rail traffic is
now down 9.9% for the year, the AAR said.
Write to Colin Kellaher at colin.kellaher@wsj.com
(END) Dow Jones Newswires
July 22, 2020 13:21 ET (17:21 GMT)
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