North American Rail Traffic Fell 1.2% in Week Ended May 18
May 22 2019 - 12:48PM
Dow Jones News
By Colin Kellaher
North American rail traffic fell 1.2% last week, as a decline in
intermodal volume more than offset gains in carloads, the
Association of American Railroads said.
Carload volume for the week ended May 18 on 12 reporting U.S.,
Canadian and Mexican railroads rose 1.9%, but intermodal traffic
fell 4.3%, the trade group said.
North American rail traffic was 2.5% lower in the week ended May
11. For the first 20 weeks of the year, North American volume is
down 1.3%.
The AAR said U.S. rail traffic fell 1.8% last week as the volume
of intermodal containers and trailers fell 5.5%. U.S. carloads rose
2.2% for the week, paced by a 7.3% rise in carloads of coal, the
biggest of 10 commodity groups tracked.
U.S. rail traffic is down 2% for the year to date, the AAR
said.
The group said rail traffic rose 0.6% in Canada last week, with
a 2.7% rise in carloads trumping a 1.8% decline in intermodal
units.
Rail traffic slipped 0.4% in Mexico last week, as a 6% rise in
intermodal units wasn't enough to overcome a 5.2% drop in
carloads.
Write to Colin Kellaher at colin.kellaher@wsj.com
(END) Dow Jones Newswires
May 22, 2019 12:33 ET (16:33 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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