North American Rail Traffic Rose 7.4% in Week Ended Jan. 23
By Colin Kellaher
North American rail traffic rose 7.4% last week, powered by
strong grain shipments and intermodal volume in the U.S. and
Canada, data from the Association of American Railroads showed.
Carload volume rose 0.4% for the week ended Jan. 23 on a dozen
reporting U.S., Canadian and Mexican railroads, as a 30.9% rise in
grain carloads more than offset declines in most other categories,
while intermodal traffic jumped 14.4%, the trade group said
In the week ended Jan. 16, North American rail traffic increased
8.6%. For the first three weeks of the year, North American rail
traffic is up 6.3%.
The AAR said U.S. rail traffic rose 9% last week, as a 17.8%
increase in the volume of intermodal containers and trailers more
than offset a 0.7% decline in carloads. U.S. rail traffic is up
6.5% for the first three weeks of the year.
Canadian rail traffic rose 4.2% last week, with carloads up 1.6%
and intermodal volume up 7.2%. Canadian rail traffic is up 8.8% for
the first three weeks of the year.
Mexican rail traffic rose 1% last week, as a 8.4% increase in
carloads more than offset a 5.9% drop in intermodal units, the AAR
said. Mexican rail traffic is down 4.8% for the first three weeks
of the year.
Write to Colin Kellaher at email@example.com
(END) Dow Jones Newswires
January 27, 2021 13:38 ET (18:38 GMT)
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