North American Rail Traffic Fell 0.6% in Week Ended April 13
April 17 2019 - 1:10PM
Dow Jones News
By Colin Kellaher
North American rail volume of carloads and intermodal units fell
0.6% last week as declines in the U.S. and Mexico more than offset
gains in Canada, the Association of American Railroads said
Wednesday.
Carload volume for the week ended April 13 on 12 reporting U.S.,
Canadian and Mexican railroads rose 0.1%, while intermodal traffic
fell 1.3%, the trade group said.
North American rail traffic was also 0.6% lower in the week
ended April 6. For the first 15 weeks of the year, North American
volume is down 1.2%.
The AAR said U.S. rail traffic fell 1.2% last week. Carloads
rose 1%, helped by a 38.7% rise in shipments of petroleum and
petroleum products, while intermodal traffic fell 3.2%.
U.S. rail traffic is down 1.8% for the year to date, the AAR
said.
The group said rail traffic rose 4.5% in Canada last week, paced
by increased grain and petroleum shipments and a 10.2% rise in
intermodal units.
Traffic fell 12.6% in Mexico for the week ended April 13, with
double-digit declines across most product categories.
Write to Colin Kellaher at colin.kellaher@wsj.com
(END) Dow Jones Newswires
April 17, 2019 12:55 ET (16:55 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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