North American Rail Traffic Fell 2.7% in Week Ended Aug. 10
August 15 2019 - 6:52AM
Dow Jones News
By Colin Kellaher
North American rail traffic fell 2.7% last week, as further
declines in the U.S. more than offset gains in Canada and Mexico,
data from the Association of American Railroads showed.
Carload volume for the week ended Aug. 10 on 12 reporting U.S.,
Canadian and Mexican railroads fell 2.5%, while intermodal traffic
fell 2.9%, the trade group said.
North American rail traffic was 4.3% lower in the week ended
Aug. 3. For the first 32 weeks of the year, North American volume
is down 2.3%.
The AAR said U.S. rail traffic fell 4.3% last week after sliding
5.2% a week earlier. U.S. carloads fell 3.9% amid a 14.7% drop in
shipments of coal, the largest of 10 commodity group tracked. The
volume of U.S. intermodal containers and trailers fell 4.6% for the
week.
U.S. rail traffic is down 3.5% for the year to date, the AAR
said.
The AAR said rail traffic rose 2.5% in Canada last week, with
carloads up 1.5% and intermodal units rising 3.6%.
Rail traffic edged up 0.2% in Mexico last week, the AAR said, as
a 1.6% rise in carloads more than offset a 1.2% drop in intermodal
units.
Write to Colin Kellaher at colin.kellaher@wsj.com
(END) Dow Jones Newswires
August 15, 2019 06:37 ET (10:37 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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