North American Rail Traffic Fell 1% in Week Ended Aug. 28
September 01 2021 - 12:55PM
Dow Jones News
By Colin Kellaher
North American rail traffic slipped 1% last week for a second
straight weekly decline, as railroads feel the pinch of
supply-chain issues, data from the Association of American
Railroads showed.
Carload volume rose 3.2% for the week ended Aug. 28 on 12
reporting U.S., Canadian and Mexican railroads, while intermodal
traffic fell 4.6%, the trade group said Wednesday.
In the week ended Aug. 21, North American rail traffic fell
1.5%. For the first 34 weeks of the year, North American rail
traffic is up 9.6%, compared with a year-to-date gain of 9.9%
reported a week earlier.
"Rail traffic is navigating many of the same challenges plaguing
other supply-chain participants, including chassis and container
shortages at ports; shortages of drayage truck drivers; port
congestion; insufficient warehouse capacity at many locations; and
now, weather problems in the Gulf," said John Gray, AAR senior vice
president.
The AAR said U.S. rail traffic fell 0.7% last week, as a 4.6%
drop in the volume of intermodal containers and trailers more than
offset a 4.1% rise in carloads. U.S. rail traffic is up 10.8% for
the first 34 weeks of the year.
Canadian rail traffic edged down 0.1% last week, with carloads
up 1.9% and intermodal units down 2.1%. Canadian rail traffic is up
6.7% for the first 34 weeks of the year.
Mexican rail traffic fell 8.6% last week amid a 1.8% drop in
carloads and a 16.9% plunge in intermodal units. Mexican rail
traffic is up 5.5% for the year to date, the AAR said.
Write to Colin Kellaher at colin.kellaher@wsj.com
(END) Dow Jones Newswires
September 01, 2021 12:40 ET (16:40 GMT)
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