North American Rail Traffic Fell 3.4% in Week Ended Oct. 23
October 27 2021 - 4:54PM
Dow Jones News
By Colin Kellaher
North American rail traffic fell 3.4% last week as railroads
continue to grapple with supply-chain issues, data from the
Association of American Railroads showed.
Carload volume rose 2.4% for the week ended Oct. 23 on 12
reporting U.S., Canadian and Mexican railroads, while intermodal
traffic fell 8.3%, the trade group said Wednesday.
The chief executives of CSX Corp. and Union Pacific Corp. last
week said a lack of truck drivers, equipment and warehouse workers
are causing congestion in their yards, forcing them to turn down
some business during a time of high demand for shipping
companies.
In the week ended Oct. 16, North American rail traffic fell
5.1%. For the first 42 weeks of the year, North American rail
traffic is up 6.9%, compared with a year-to-date gain of 7.2%
reported a week earlier.
The AAR said U.S. traffic fell 2.3% last week, with an 8% drop
in the volume of intermodal containers and trailers more than
offsetting a 5.1% rise in carloads. U.S. rail traffic is up 8% for
the first 42 weeks of the year.
Canadian rail traffic fell 6.5% last week amid a, 11.1% slide in
intermodal units and a 2% decline in carloads. Canadian rail
traffic is up 4.1% for the first 42 weeks of the year.
Mexican rail traffic fell 6.4% last week, with carloads down
10.2% and intermodal units off 1.3%. Mexican rail traffic is up
3.6% for the year to date, the AAR said.
Write to Colin Kellaher at colin.kellaher@wsj.com
(END) Dow Jones Newswires
October 27, 2021 16:39 ET (20:39 GMT)
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