North American Rail Traffic Fell 14.2% in Week Ended July 11
July 15 2020 - 2:01PM
Dow Jones News
By Colin Kellaher
North American rail traffic fell 14.2% last week, a sharp
reversal from a week earlier, as carloads tumbled and intermodal
volume returned to negative territory, data from the Association of
American Railroads showed.
Carload volume slid 20.4% for the week ended July 11 on a dozen
reporting U.S., Canadian and Mexican railroads, while intermodal
traffic fell 7.8% after rising 2.9% a week earlier, the trade group
said Wednesday.
In the week ended July 4, North American rail traffic fell 4.9%.
For the first 28 weeks of the year, North American traffic is down
11.8%.
The AAR said U.S. rail traffic fell 14.9% last week as carloads
slumped 22.7%, with declines in all 10 commodity groups tracked.
The volume of intermodal containers and trailers fell 7.4%.
U.S. rail traffic is now down 12.9% for the year to date, the
AAR said, compared with a decline of 12.8% reported a week ago.
Canadian rail traffic fell 12.5% last week, with carloads down
16.5% and intermodal units off 8%. Canadian rail traffic is down
8.5% for the first 28 weeks of the year.
Mexican rail traffic fell 10% for the week amid 7.2% drop in
carloads and a 13.3% decline in intermodal units. Mexican rail
traffic is down 10.8% for the year, the AAR said.
Write to Colin Kellaher at colin.kellaher@wsj.com
(END) Dow Jones Newswires
July 15, 2020 13:46 ET (17:46 GMT)
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