North American Rail Traffic Fell 2.5% in Week Ended May 11
May 16 2019 - 10:48AM
Dow Jones News
By Colin Kellaher
North American rail traffic fell 2.5% last week, as a decline in
U.S. volume more than offset gains in Canada and Mexico, the
Association of American Railroads said.
Carload volume for the week ended May 11 on 12 reporting U.S.,
Canadian and Mexican railroads fell 1.9%, while intermodal traffic
fell 3.1%, the trade group said.
North American rail traffic was 0.6% lower in the week ended May
4. For the first 19 weeks of the year, North American volume is
down 1.3%.
The AAR said U.S. rail traffic fell 3.7% last week amid declines
in carloads of coal and nonmetallic minerals, two of the biggest
commodity groups tracked. Overall U.S. carloads fell 3.1% for the
week, while the volume of intermodal containers and trailers fell
4.3%.
U.S. rail traffic is now down 2% for the year to date, the AAR
said.
The group said rail traffic edged up 0.2% in Canada last week,
with carloads rising 1.2% and intermodal units down 1.1%.
Rail traffic rose 4.1% in Mexico last week, paced by a 7.6% rise
in intermodal units.
Write to Colin Kellaher at colin.kellaher@wsj.com
(END) Dow Jones Newswires
May 16, 2019 10:33 ET (14:33 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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