North American Rail Traffic Fell 2.3% in Week Ended Sept. 26
September 30 2020 - 1:46PM
Dow Jones News
By Colin Kellaher
North American rail traffic fell 2.3% last week, as declining
carloads once again more than offset a rise intermodal volume, data
from the Association of American Railroads showed.
Carload volume fell 9% for the week ended Sept. 26 on 12
reporting U.S., Canadian and Mexican railroads, while intermodal
traffic rose 4%, the trade group said Wednesday.
In the week ended Sept. 19, North American rail traffic fell
1.4%. For the first 39 weeks of the year, North American traffic is
now down 10%, compared with a year-to-date decline of 10.2%
reported a week earlier.
The AAR said U.S. rail traffic fell 1.3% last week, with
carloads down 10.5% and the volume of intermodal containers and
trailers up 5.5%. U.S. rail traffic is now down 10.7% for the year
to date, the AAR said, compared with a decline of 10.9% reported a
week ago.
Canadian rail traffic was flat last week, as a 3.8% rise in
intermodal units offset a 3.4% decline in carloads. Canadian rail
traffic is down 7.7% for the first 39 weeks of the year.
Mexican rail traffic slid 13.5% for the week, as carloads
tumbled 12.9% and intermodal units slumped 14.2%. Mexican rail
traffic is down 9.8% for the year so far, the AAR said.
Write to Colin Kellaher at colin.kellaher@wsj.com
(END) Dow Jones Newswires
September 30, 2020 13:31 ET (17:31 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
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