North American Rail Traffic Rose 14.1% in Week Ended March 27
By Colin Kellaher
North American rail traffic jumped 14.1% last week, as last
year's steep drop in business related to the coronavirus pandemic
inflated comparisons, data from the Association of American
Carload volume rose 4.8% for the week ended March 27 on 12
reporting U.S., Canadian and Mexican railroads, while intermodal
traffic surged 23.8%, the trade group said Wednesday.
In the week ended March 20, North American rail traffic rose
9.5%. For the first 12 weeks of the year, North American rail
traffic is up 4.3%.
In the 12th week of 2020, traffic fell 7.7%, as fallout from
widespread shutdowns sparked by the pandemic weighed on volume.
The AAR said U.S. rail traffic rose 16.1% last week, with the
volume of intermodal containers and trailers up 25.8% and carloads
rising 6%. U.S. rail traffic is up 4.5% for the first 12 weeks of
Canadian rail traffic rose 12.4% last week amid a 22.2% jump in
intermodal units and a 4.9% rise in carloads. Canadian rail traffic
is up 6.2% for the first 12 weeks of the year.
Mexican rail traffic fell 3.6% last week, as a 6.7% drop in
carloads more than offset a 0.8% rise in intermodal units. For the
year to date, Mexican rail traffic is down 5.5%, the AAR said.
Write to Colin Kellaher at firstname.lastname@example.org
(END) Dow Jones Newswires
March 31, 2021 13:35 ET (17:35 GMT)
Copyright (c) 2021 Dow Jones & Company, Inc.