North American Rail Traffic Fell 4.9% in Week Ended July 4
09 July 2020 - 3:11AM
Dow Jones News
By Colin Kellaher
North American rail traffic fell 4.9% last week, marking the
smallest weekly decline since February, helped by gains in U.S.
intermodal volume, data from the Association of American Railroads
showed.
Carload volume fell 12.5% for the week ended July 4 on 12
reporting U.S., Canadian and Mexican railroads, while intermodal
traffic rose 2.9%, the trade group said Wednesday.
In the week ended June 27, North American rail traffic fell
14.3%. For the first 27 weeks of the year, North American traffic
is now down 11.8%, compared with a year-to-date drop of 12%
reported a week earlier.
The AAR said U.S. rail traffic fell 2.4% last week, as a 12.7%
drop in carloads was nearly offset by a 7.7% rise in the volume of
intermodal containers and trailers. U.S. rail traffic is now down
12.8% for the year to date, the AAR said, compared with a decline
of 13.2% reported a week ago.
Canadian rail traffic fell 9.7% last week amid an 11% drop in
carloads and an 8.2% decline in intermodal units. Canadian rail
traffic is down 8.3% for the first 27 weeks of the year.
Mexican rail traffic fell 16.1% for the week, with carloads down
15.4% and intermodal units off 17%. Mexican rail traffic is now
down 10.8% for the year, the AAR said.
Write to Colin Kellaher at colin.kellaher@wsj.com
(END) Dow Jones Newswires
July 08, 2020 12:56 ET (16:56 GMT)
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