North American Rail Traffic Fell 1.4% in Week Ended April 20
26 April 2019 - 2:55AM
Dow Jones News
By Colin Kellaher
North American rail volume of carloads and intermodal units fell
1.4% last week amid a second consecutive week of double-digit
traffic declines in Mexico, the Association of American Railroads
said.
Carload volume for the week ended April 20 on 12 reporting U.S.,
Canadian and Mexican railroads fell 0.9%, while intermodal traffic
fell 1.8%, the trade group said.
North American rail traffic was 0.6% lower in the week ended
April 13. For the first 16 weeks of the year, North American volume
is down 1.2%.
The AAR said U.S. rail traffic fell 2.4% last week. Carloads
fell 0.9%, marked by declines in seven of 10 commodity categories,
while intermodal traffic fell 3.9%.
U.S. rail traffic is down 1.8% for the year to date, the AAR
said.
The group said rail traffic rose 6.5% in Canada last week, paced
by a 10.7% rise in intermodal units. Carloads rose 3.2%, with large
gains in grain and petroleum shipments.
Rail traffic fell 15.7% in Mexico for the week ended April 20,
with steep drops in petroleum and grain shipments leading
double-digit declines across most product categories. Traffic in
Mexico fell 12.6% a week earlier and is now down 6% on the
year.
Write to Colin Kellaher at colin.kellaher@wsj.com
(END) Dow Jones Newswires
April 25, 2019 12:40 ET (16:40 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
Berkshire Hathaway (NYSE:BRK.A)
Historical Stock Chart
From Apr 2024 to May 2024
Berkshire Hathaway (NYSE:BRK.A)
Historical Stock Chart
From May 2023 to May 2024